TD Asset Management announces name change for TD World Bond Pool

TORONTO, July 22 /CNW/ - TD Asset Management Inc. (TDAM), the manager of TD Mutual Funds, announced that on July 21, 2010 the TD World Bond Pool was changed to the TD Income Opportunities Pool.

The new name provides improved clarity and better reflects the mandates of the Pool. There will be no change to the Pool's investment objectives.

About TD Asset Management Inc.

Under the TD Mutual Funds name, TDAM provides a diverse range of over 60 mutual funds and 25 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 June 30, 2010, TDAM was the fourth largest mutual fund company in Canada, with $55.2 billion invested in TD Mutual Funds.

For further information: For media inquiries, please contact: Maria Saros Leung, TD Bank Financial Group, 416-983-4093