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TD Mutual Funds reports March Net Sales
TORONTO, April 4 /CNW/ - TD Asset Management Inc. (TDAM) announced total mutual fund net sales of $292 million in the month of March, including long-term fund net sales of $35 million and money market fund net sales of $257 million. "Investors and advisors continued to demonstrate confidence in the management and value of our funds in March, particularly in the strength of the TD Dividend Growth Fund and the TD Canadian Equity fund," said Tim Pinnington, President, TD Mutual Funds. TD Mutual Funds' top selling long-term funds for the month included the TD Dividend Growth Fund, TD Canadian Bond Index Fund, TD Precious Metals Fund, TD International Index Fund and TD Canadian Equity Fund. About TD Asset Management Inc. ------------------------------ Under the TD Mutual Funds name, TDAM provides a diverse range of over 70 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, 2008, TDAM was the fourth largest mutual fund company in Canada, with $56.2 billion invested in TD Mutual Funds.
For further information: Lisa Hodgins, TD Bank Financial Group, (416) 983-2982, lisa.hodgins@td.com
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