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Announcing TD Dividend Growth Fund-Linked Principal Protected Notes, Series 2NL (Total Return)
TORONTO, April 28 /CNW/ - The Toronto-Dominion Bank today announced the launch of the TD Dividend Growth Fund-Linked Principal Protected Notes, Series 2NL (Total Return) (the "Notes"). The Notes are issued by The Toronto-Dominion Bank. Structured by TD Securities Inc., the Notes are linked to the TD Dividend Growth Fund (the "Fund"), one of the largest and most well-established TD Mutual Funds. Managed by Doug Warwick and Michael Lough of TD Asset Management Inc., the Fund invests primarily in high-quality, high-yield equity securities and other income-producing instruments of Canadian issuers. The Notes use a dynamic asset allocation strategy designed to provide increased exposure to the Fund when performance is up and reduced exposure when performance is down. The Notes are also designed to provide up to 150 per cent exposure to the Fund through the use of leverage. Investors will benefit from 100 per cent principal protection if they hold the Notes until maturity. The selling period for the Notes is April 28 to June 6, 2008, with an issue date of June 12, 2008. The Notes have a term of approximately 8 years, maturing on June 10, 2016. This press release is intended to be read in conjunction with the Information Statement relating to the Notes. Investors should consult with their advisors before making an investment decision. 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 March 31, 2008, TDAM was the fourth largest mutual fund company in Canada, with over $56 billion invested in TD Mutual Funds. About TD Bank Financial Group The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank Financial Group is the seventh largest bank in North America by branches and serves approximately 17 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD Commerce Bank; and Wholesale Banking, including TD Securities. TD Bank Financial Group also ranks among the world's leading on-line financial services firms, with more than 5.5 million on-line customers. TD Bank Financial Group had CDN$435 billion in assets as of January 31, 2008. The Toronto-Dominion Bank trades on the Toronto and New York Stock Exchanges under the symbol "TD", as well as on the Tokyo Stock Exchange. For more information about the TD Dividend Growth Fund-Linked Principal Protected Notes, including a copy of the Information Statement, please visit www.tdstructurednotes.com.
For further information: For media inquiries, contact: Lisa Hodgins, TD Bank Financial Group, (416) 983-2982, firstname.lastname@example.org
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