TORONTO, Jan. 28, 2016 /CNW/ - TD Asset Management
Inc. (TDAM), the manager of TD Private Funds, today announced
changes to certain TD Private Funds.
Effective February 4, 2016, nine
TD Private Funds will be renamed and integrated into the TD Mutual
Funds family, as set out below. There will be no changes to the
funds' investment objectives:
|
Former Fund
Name
|
New Fund
Name
|
|
TD Private Canadian
Corporate Bond Fund
|
TD Canadian Corporate
Bond Fund - Private Series
|
|
TD Private U.S.
Corporate Bond Fund
|
TD U.S. Corporate
Bond Fund - Private Series
|
|
TD Private Canadian
Diversified Yield Fund
|
TD Canadian
Diversified Yield Fund - Private Series
|
|
TD Private Canadian
Blue Chip Dividend Fund
|
TD Canadian Blue Chip
Dividend Fund - Private Series
|
|
TD Private Canadian
Blue Chip Equity Fund
|
TD Canadian Large-Cap
Equity Fund - Private Series
|
|
TD Private U.S. Blue
Chip Equity Fund
|
Epoch U.S. Blue Chip
Equity Fund - Private Series
|
|
TD Private U.S. Blue
Chip Equity Currency Neutral Fund
|
Epoch U.S. Blue Chip
Equity Currency Neutral Fund - Private Series
|
|
TD Private
International Stock Fund
|
TD International
Stock Fund - Private Series
|
|
TD Private Canadian
Value Fund
|
TD Core Canadian
Value Fund - Private Series
|
Issued and outstanding units of these nine TD Private Funds will
be redesignated as Private Series effective February 4, 2016.
In addition, effective February 4,
2016, TDAM will remove the management fee for TD
International Stock Fund and Epoch U.S. Blue Chip Equity Currency
Neutral Fund.
|
Fund
Name
|
Current
Maximum
Management
Fee
|
New Management
Fee
|
|
TD International
Stock Fund
|
0.35
|
0%
|
|
Epoch U.S. Blue
Chip Equity Currency Neutral Fund
|
0.20
|
0%
|
About TD Asset Management Inc.
TD Asset Management Inc. ("TDAM"), a member of TD Bank Group, is
one of Canada's largest asset
managers. 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, 2015, TDAM was the
fourth largest mutual fund company in Canada, with over CDN$105 billion invested in its mutual funds
(Source: IFIC).
Commissions, trailing commissions, management fees and expenses
all may be associated with mutual fund investments. Please read the
fund facts and prospectus, which contain detailed investment
information, before investing. Mutual funds are not guaranteed or
insured, their values change frequently and past performance may
not be repeated.
SOURCE TD Asset Management Inc.