TD Asset Management Inc. surpasses $100 billion in assets under management in TD Mutual Funds
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TORONTO, Feb. 17, 2015 /CNW/ - TD Asset Management Inc. (TDAM), Canada's fourth largest fund company1, announced on February 11th, that TD Mutual Funds has surpassed $100 billion in assets under management.
In 1975 TD Bank Group launched its first proprietary fund. Forty years later, the TD Mutual Funds line-up includes more than 120 funds and portfolios, offering a broad range of solutions that help meet the evolving needs of today's investors.
"We are extremely proud to reach this extraordinary milestone" said Paul Orlander, President of TD Mutual Funds. "The investment excellence of our portfolio management team, along with the innovative product approaches we have taken, are clearly resonating. I'd like to thank all the investors who have entrusted us to help meet their long-term investment goals."
TDAM manages TD Mutual Funds, on behalf of more than 1.9 million investors and offers one of the most broadly diversified fund families in Canada.
For more information, please see the applicable TD Mutual Funds prospectus.
1 Source: IFIC, as at December 31, 2014
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. 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.
SOURCE TD Bank Group
