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TD Mutual Funds Announces Strong January Results
TORONTO, Feb. 6 /CNW/ - TD Asset Management Inc. (TDAM) announced long-term fund net sales of $512 million and money market fund net sales of $37 million for total net fund sales of $549 million in the month of January. "We're experiencing strong sales momentum," said Tim Pinnington, President, TD Mutual Funds. "On a year-over-year basis, our total net sales increased by more than 48% over last year. This is a great start to what is proving to be a busy RSP season." TD Mutual Funds' top selling funds in January included the TD Income Advantage Portfolio, TD Global Dividend Fund, TD Managed Income Fund, TD Managed Income & Moderate Growth Fund and TD Premium Money Market Fund. 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 January 31, 2007, TDAM was the fourth largest mutual fund company in Canada, with approximately $52 billion invested in TD Mutual Funds.
For further information: Lisa Hodgins, TD Bank Financial Group, (416) 983-2982, firstname.lastname@example.org
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