TORONTO, Nov. 6 /CNW/ - TD Asset Management Inc. (TDAM) announced money
market fund net sales of $327 million and long-term fund net redemptions of
$8 million for total net fund sales of $319 million in the month of October.
    TD Mutual Funds' top selling long-term funds for the month included the
TD Dividend Income Fund, TD Dividend Growth Fund and the TD Monthly Income
Fund.

    About TD Asset Management Inc.
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    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 October 30, 2007, TDAM was the
fourth largest mutual fund company in Canada, with $56 billion invested in TD
Mutual Funds.

For further information: Kelly Hechler, TD Bank Financial Group, (416)
982-2469, kelly.hechler@td.com