TD Asset Management Inc. announces changes to the TD Emerald Treasury
Management Fund Line-Up

TORONTO , Sept. 25 /CNW/ - TD Asset Management Inc. (TDAM) today announced plans to terminate the TD Emerald Canadian Treasury Management - Financial Institution Fund.

    
    TDAM will also close the Investor Class units of the:

    -   TD Emerald Canadian Treasury Management Fund;
    -   TD Emerald Canadian Treasury Management - Government of Canada Fund;
        and
    -   TD Emerald U.S. Dollar Treasury Management Fund (collectively the
        "Remaining Funds").
    

Effective September 25, 2009 , the TD Emerald Canadian Treasury Management - Financial Institution Fund will cease offering units for purchase and the Remaining Funds will cease offering Investor Class units for purchase. On November 25, 2009 , the TD Emerald Canadian Treasury Management - Financial Institution Fund and the Investor Class of the Remaining Funds will be terminated. Institutional Class Units of the TD Emerald Canadian Treasury Management Fund, TD Emerald Canadian Treasury Management - Government of Canada Fund and TD Emerald U.S. Dollar Treasury Management Fund will continue to be available for purchase.

The decision to terminate the TD Emerald Canadian Treasury Management - Financial Institution Fund and the Investor Class of the Remaining Funds is in response to reduced client demand.

Unitholders may redeem or switch their holdings of the terminating fund or terminating class for settlement on or prior to November 25, 2009 - the termination date. TDAM will sell the holdings of the TD Emerald Canadian Treasury Management - Financial Institution Fund and the Investor Classes of the Remaining Funds, determine distributions on or about November 25, 2009 and distribute the net assets to remaining unitholders. Unitholders of the TD Emerald Canadian Treasury Management - Financial Institution Fund and the Investor Classes of the Remaining Funds will be contacted and provided with additional information on the termination. Unitholders are encouraged to speak with their relationship managers to discuss their investment options.

About TD Asset Management

TD Asset Management is a highly diversified North American investment management organization with leading Canadian market positions in active, quantitative and passive portfolio management. As of August 2009 , TD Asset Management's investment professionals manage an aggregate of (CAD) $167 billion of assets on behalf of pension, insurance, endowment/foundation and corporate clients, as well as for high-net worth individuals and retail mutual funds. TD Asset Management operates in Canada as TD Asset Management Inc. and in the United States as TDAM USA Inc., with offices in Toronto , Montreal , New York and Boston .

For further information: For media inquiries, please contact: Barbara Timmins, [phone]