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TD Mutual Funds reports October Net Sales
TORONTO, Nov. 6 /CNW/ - TD Asset Management Inc. (TDAM) announced money market fund net sales of $327 million and long-term fund net redemptions of $8 million for total net fund sales of $319 million in the month of October. TD Mutual Funds' top selling long-term funds for the month included the TD Dividend Income Fund, TD Dividend Growth Fund and the TD Monthly Income Fund. 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 October 30, 2007, TDAM was the fourth largest mutual fund company in Canada, with $56 billion invested in TD Mutual Funds.
For further information: Kelly Hechler, TD Bank Financial Group, (416) 982-2469, firstname.lastname@example.org
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