TORONTO, April 10 /CNW/ - TD Asset Management Inc. (TDAM) announced
long-term fund net sales of $534 million and money market fund net sales of
$91 million for total net fund sales of $625 million in the month of March.
    "On the heels of record sales during the RSP season, March sales
continued to be strong," said Tim Pinnington, President, TD Mutual Funds.
"This is a reflection of a solid fund line-up that meets our clients'
investment needs."
    TD Mutual Funds' top selling funds in March included the TD Income
Advantage Portfolio, TD Managed Balanced Growth Fund, TD Managed Income Fund
and TD Managed Income & Moderate Growth Fund.

    About TD Asset Management Inc.
    ------------------------------

    Under the TD Mutual Funds name, TDAM provides a diverse range of over 65
mutual funds and 15 professionally managed portfolios. TDAM manages retail
mutual fund assets on behalf of more than 1.4 million investors and TD Mutual
Funds is one of the most broadly diversified fund families in Canada. Funds
are available at TD Canada Trust branches (through TD Investment Services Inc.
representatives), TD Waterhouse Discount Brokerage, Financial Planning and
Private Investment Advice, as well as leading investment dealers, independent
brokers, advisors and financial planners. As of March 31, 2007, TDAM was the
fourth largest mutual fund company in Canada, with nearly $54 billion invested
in TD Mutual Funds.

For further information: Lisa Hodgins, TD Bank Financial Group, (416)
983-2982, lisa.hodgins@td.com