TD Asset Management Inc. announces name changes and management fee removal to certain TD Private Funds
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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 |
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.
