TD Asset Management Inc. announces a portfolio adviser change for its TD
Private Canadian Strategic Opportunities Fund

TORONTO, Sept. 17 /CNW/ - TD Asset Management Inc. (TDAM), the manager of TD Private Funds, today announced a portfolio adviser change for its TD Private Canadian Strategic Opportunities Fund.

Effective on or about October 1, 2010, TDAM will assume portfolio adviser responsibilities for the TD Private Canadian Strategic Opportunities Fund from Highstreet Asset Management Inc. (Highstreet). The fund, which had over $12.5 million in assets under management as of August 31, 2010, will be managed by Craig Bethune, Vice-President, TDAM.

About TDAM:

TDAM is one of Canada's largest investment management firms, with leading market positions in active, enhanced and indexed portfolio management. It is a fully integrated investment management business that offers its clients a wide range of investment options, including mutual funds, pooled investment funds and segregated investment accounts. As of August 31, 2010, TDAM and its affiliates had over C$177.2 billion in assets under management for pension, insurance, endowment/foundation and corporate clients, as well as for high-net worth clients and retail mutual funds.

For further information: Maria Saros Leung, TD Bank Financial Group, 416-983-4093, [email protected]