Also introduces two series extension of existing funds

TORONTO, Sept. 15 /CNW/ - TD Asset Management Inc. (TDAM), the manager of TD Mutual Funds, today announced the launch of five new portfolios, which may be suitable either as an all-in-one solution or as a core holding in an investment portfolio. They are:

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    -   the TD Advantage Conservative Portfolio
    -   the TD Advantage Moderate Portfolio
    -   the TD Advantage Balanced Portfolio
    -   the TD Advantage Growth Portfolio
    -   the TD Advantage Equity Portfolio
    >>

"TD Advantage Investment Portfolios provide clients access to top quality funds, actively managed for long-term performance and to capitalize on certain shorter-term market opportunities, while managing downside risk," said Thomas Dyck, President, TD Mutual Funds. "TD Advantage Investment Portfolios employ a back-to-fundamentals approach to portfolio solutions and offer great value as they carry competitive MERs relative to their peers."

TD Mutual Funds also introduced new series extensions of two existing funds, the New Advisor and F-Series units of the TD Mortgage Fund and H-, T- and S-Series units of the TD High Yield Income Fund.

The TD Mortgage Fund's fundamental investment objective is to provide a steady stream of interest income, by investing in a diversified portfolio made up primarily of high-quality Canadian residential mortgages bought from and administered by TD Bank Financial Group. The launch of the Advisor and F-Series provides Advisors access to one of the first mortgage mutual funds available in Canada, as an alternative to traditional fixed income funds.

The tax-efficient H-, T- and S- Series of the TD High Yield Income Fund aim to provide clients with consistent monthly cash flow on a tax-efficient basis. The fund seeks to provide income and capital appreciation over the longer term, by investing primarily in high-yield bonds or other income-producing securities.

The new funds and series will be available for sale as of September 15, 2009. For more information, please click on the following link to access TD Mutual Funds prospectuses: http://www.tdassetmanagement.com/Content/Download/p_Download.asp?FILE_TYPE_ID=52

About TD Mutual Funds

Under the TD Mutual Funds name, TD Asset Management provides a diverse range of over 60 mutual funds and 25 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 Waterhouse Discount Brokerage, Financial Planning and Private Investment Advice, as well as leading investment dealers, independent brokers, advisors and financial planners. As of August 31, 2009, TDAM was the fourth largest mutual fund company in Canada, with $52.3 billion invested in TD Mutual Funds.

 For further information: For media inquiries only, please contact: Barbara Timmins, TD Bank Financial Group, (416) 307-6498; For advisor inquiries, please contact: 1-800-588-8054