Skip to main content
TD Stories
EN
TD BANK GROUP

TD Mutual Funds reports August Net Sales

1 minute read
By TD Bank Group
• Sep. 5, 2008
TORONTO, Sept. 5 /CNW/ - TD Asset Management Inc. (TDAM) announced total net sales of $83 million, including long-term fund net sales of $1 million and money market fund net sales of $82 million. Total net assets invested in TD Mutual Funds totaled $57.6 billion as of the end of August. "August is traditionally a slow month for mutual fund sales, and this August was no exception," said Tim Pinnington, President, TD Mutual Funds. "Our gross sales in long-term funds continue to reflect a muted industry sales environment as money market funds are receiving the majority of new money." "Despite the uncertainty in the markets, TD Mutual Funds continues to seek to deliver long-term results for our investors," continued Pinnington. "We are especially proud of our top-selling fund this month, the TD Canadian Equity Fund, managed by John Smolinski." Other top selling long-term funds for the month included the TD Dividend Income Fund, TD Canadian Bond Fund, TD Real Return Bond Fund and TD Global Multi-Cap Fund. About TD Asset Management Inc. ------------------------------ Under the TD Mutual Funds name, TDAM provides a diverse range of over 60 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 August 31, 2008, TDAM was the fourth largest mutual fund company in Canada, with $57.6 billion invested in TD Mutual Funds. For further information: Maria Leung, TD Bank Financial Group, (416) 983-4093, maria.leung@td.com

See you in a bit

You are now leaving our website and entering a third-party website over which we have no control.

Continue to site Return to TD Stories

Neither TD Bank US Holding Company, nor its subsidiaries or affiliates, is responsible for the content of the third-party sites hyperlinked from this page, nor do they guarantee or endorse the information, recommendations, products or services offered on third party sites.

Third-party sites may have different Privacy and Security policies than TD Bank US Holding Company. You should review the Privacy and Security policies of any third-party website before you provide personal or confidential information.