TD Mutual Funds introduces TD Advantage Investment Portfolios
Also introduces two series extension of existing funds
- the TD Advantage Conservative Portfolio - the TD Advantage Moderate Portfolio - the TD Advantage Balanced Portfolio - the TD Advantage Growth Portfolio - the TD Advantage Equity Portfolio
"TD Advantage Investment Portfolios provide clients access to top quality funds, actively managed for long-term performance and to capitalize on certain shorter-term market opportunities, while managing downside risk," said
TD Mutual Funds also introduced new series extensions of two existing funds, the New Advisor and F-Series units of the TD Mortgage Fund and H-, T- and S-Series units of the TD High Yield Income Fund.
The TD Mortgage Fund's fundamental investment objective is to provide a steady stream of interest income, by investing in a diversified portfolio made up primarily of high-quality Canadian residential mortgages bought from and administered by TD Bank Financial Group. The launch of the Advisor and F-Series provides Advisors access to one of the first mortgage mutual funds available in
The tax-efficient H-, T- and S- Series of the TD High Yield Income Fund aim to provide clients with consistent monthly cash flow on a tax-efficient basis. The fund seeks to provide income and capital appreciation over the longer term, by investing primarily in high-yield bonds or other income-producing securities.
The new funds and series will be available for sale as of
About TD Mutual Funds
Under the TD Mutual Funds name, TD Asset Management 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
For further information: For media inquiries only, please contact: Barbara Timmins, TD Bank Financial Group, (416) 307-6498; For advisor inquiries, please contact: 1-800-588-8054
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