TORONTO, Nov. 5 /CNW/ - TD Asset Management Inc. ("TDAM"), the manager of
TD Mutual Funds, announces the addition of three tax-efficient series for six
existing TD Managed Assets Program portfolios ("TD MAP").
    "The series extensions allow us to provide investment solutions that are
a great way for investors to obtain a consistent monthly cash flow while
maintaining their asset allocation," said Timothy Pinnington, President, TD
Mutual Funds. "We are dedicated to providing well-managed investment solutions
to serve the needs of advisors and their investors."
    This series extension introduces the new K-Series. The K-Series is
designed to provide a tax-efficient cash flow option to larger investors with
a minimum investment amount of $250,000. The capped management expense ratio
("MER") for the new K-Series units of the portfolios is at least 0.50% per
annum below the capped MER for the H-Series units of the portfolios.
    The six existing managed portfolios offering new series units are as
follows:

    Series Extensions (Now available in H, K and T-Series units)

    TD Managed Income Portfolio
    TD Managed Income & Moderate Growth Portfolio
    TD Managed Balanced Growth Portfolio
    TD FundSmart Managed Income Portfolio
    TD FundSmart Managed Income & Moderate Growth Portfolio
    TD FundSmart Managed Balanced Growth Portfolio

    About TD Managed Assets Program

    TD MAP is a fund-of-fund investment solution that offers investors a wide
range of professionally designed and managed portfolios to suit their needs.
Under the TD MAP umbrella, the TD Managed Portfolios are composed of funds
from the award winning TD Mutual Funds lineup, while the TD FundSmart Managed
Portfolios combine the strength of TD Mutual Funds with some of Canada's other
leading mutual fund companies. As of September 30, 2007, TD MAP had combined
assets under management of over $13 billion.

    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 September 30, 2007, TDAM was
the fourth largest mutual fund company in Canada, with $55.1 billion invested
in TD Mutual Funds.

For further information: please see the TD Managed Assets Program
prospectus, or contact: Kelly Hechler, (416) 982-2469, kelly.hechler@td.com