TORONTO, May 22, 2013 /CNW/ - TD Asset Management Inc. (TDAM), the manager of TD Mutual Funds, announced that Global Currents Investment Management, LLC, the portfolio adviser for the TD Global Value Fund (the Fund), merged into its affiliate ClearBridge Investments, LLC on April 1, 2013.
As a result of this transaction, ClearBridge Investments, LLC became the portfolio adviser of the Fund, effective April 1, 2013. The portfolio management team led by Paul Ehrlichman and Safa Muhtaseb will remain the same. There will be no changes to the investment objectives and strategies of the Fund.
About TD Asset Management Inc.
Under the TD Mutual Funds name, TDAM provides a diverse range of 70 mutual funds, 26 professionally managed portfolios and 20 corporate class funds. TDAM manages retail mutual fund assets on behalf of more than 1.8 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 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 March 31, 2013, TDAM was the fourth largest mutual fund company in Canada, with CDN$73.9 billion invested in TD Mutual Funds.
SOURCE: TD Asset Management Inc.
