TORONTO, Nov. 24, 2015 /CNW/ - TD Asset Management Inc. (TDAM), the manager of TD Mutual Funds, today announced the expansion of its fee-based lineup with the introduction of TD Managed Portfolios F-Series (fee-based series).
With the launch of F-Series, TD Managed Portfolios (the Portfolios) are now available with a fee structure that provides greater transparency between advisors and their clients. This structure clearly separates the fees clients pay to the fund company from the fees paid for value-added services provided by advisors.
The Portfolios are tactically managed, flexible, all-in-one solutions that leverage the innovation, experience and discipline of TDAM's dedicated asset allocation team. Investors have entrusted over $20 billion in assets1 to TDAM's care through the TD Managed Assets Program.
Including today's launch, TDAM offers a comprehensive lineup of over 70 fee-based solutions designed to help meet the needs of investors.
For more information, or to see the applicable prospectus, visit the TDAM website.
1Source: TDAM as of October 31, 2015
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 September 30, 2015, TDAM was the fourth largest mutual fund company in Canada, with over CDN$102 billion invested in its mutual funds (Source: IFIC).
SOURCE TD Asset Management Inc.
