TORONTO, April 14, 2015 /CNW/ - TD Asset Management Inc.
("TDAM"), the manager of TD Emerald Funds (the
"Funds"), announced today the transfer of custodianship of
the Funds from Canadian Imperial Bank of Commerce ("CIBC") to CIBC
Mellon Trust Company, a Canadian joint venture between The Bank of
New York Mellon ("BNY Mellon") and CIBC. This transfer will
be effective on April
16th, 2015. As a result of this transfer,
the rights and obligations of CIBC, as custodian, under the Amended
and Restated Custodial Services Agreement dated January 30th, 2015 and the
Sub-Custodial Services Agreement dated January 1st, 2006 have been assigned
to CIBC Mellon Trust Company.
This change is not intended to have any impact on the day-to-day
management of the Funds.
The complete list of Funds affected by this change of custodian
is as follows:
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TD Emerald
Funds
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TD Emerald
Canadian Treasury Management Fund
TD Emerald
Canadian Treasury Management – Government of Canada Fund
TD Emerald
Canadian Short Term Investment Fund
TD Emerald
Canadian Bond Index Fund
TD Emerald
Balanced Fund
TD Emerald
Canadian Equity Index Fund
TD Emerald
U.S. Market Index Fund
TD Emerald
International Equity Index Fund
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About TD Asset Management Inc.
TDAM offers a diverse
range of over 120 investment solutions including mutual funds,
professionally managed portfolios and corporate class funds. TDAM
manages retail mutual fund assets on behalf of more than 1.9
million investors and offers 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 Direct Investing, TD Wealth
Financial Planning and TD Wealth Private Investment Advice, as well
as leading investment dealers, independent brokers, advisors and
financial planners. As of December 31,
2014, TDAM was the fourth largest mutual fund company in
Canada, with over CDN$95 billion invested in TD Mutual Funds
(Source: IFIC).
SOURCE TD Bank Group