TORONTO, June 14 /CNW/ - TD Asset Management Inc. (TDAM), the manager of
TD Mutual Funds, announced today that it has filed a preliminary prospectus
for a new fund, the TD Global Sustainability Fund.
    The Fund seeks to achieve long-term capital appreciation by investing
primarily in equity securities of companies from around the globe that are
viewed as contributing to the world's future sustainability. These companies
are viewed as "best-in-class" based on environmental, social and economic
factors as defined by the Dow Jones Sustainability World Index (DJSI World)
using SAM Group's Corporate Sustainability Assessment. In addition, a portion
of the portfolio will be dedicated to emerging specialists in clean energy
technology and resource efficiency.
    The TD Global Sustainability Fund will provide a new choice for investors
who want to invest in companies whose business activities reflect an interest
in the world's future sustainability and who are looking to achieve long-term
growth in their portfolio.
    "Canadians are demanding environmentally sustainable solutions in all
areas of their lives and investing is no different," said Timothy Pinnington,
President, TD Mutual Funds. "We're pleased to announce a unique fund that
offers long-term value with the growth potential of companies on the
cutting-edge of new environmental technologies."
    For the large-cap portion of the portfolio, the TD Global Sustainability
Fund will use the DJSI World to provide the investable universe from which the
Fund will actively invest. The DJSI World consists of approximately the top
ten percent of companies in the Dow Jones Global Index that are considered
leaders in their respective industries in terms of corporate sustainability.
SAM defines corporate sustainability as a business approach that leads to the
creation of long-term shareholder value.
    The emerging environmental specialist portion of the portfolio will be
comprised of companies that provide innovative solutions for today's pressing
environmental problems. These solutions may be either their core business
focus or a significant and growing part of their business. The three major
themes from this part of the portfolio are clean water, resource efficiency
and alternative energy.
    "Sustainable investing is a market that our clients and advisors have
told us they're interested in, and we look forward to being part of it," said
Pinnington.
    The TD Global Sustainability Fund is expected to be available to
investors and advisors in September, pending approval by the appropriate
securities commissions. It will be available in Investor Series, Advisor
Series and F-Series units.

    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 May 31, 2007, TDAM was the
fourth largest mutual fund company in Canada, with nearly $56 billion invested
in TD Mutual Funds.

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