TORONTO , April 23, 2014 /CNW/ - TD Asset Management Inc. (TDAM) announced today that it will be reducing the minimum investment amounts for the Premium and K-Series (cash flow) on TD Managed Assets Program (TD MAP) Portfolios effective July 1, 2014 . The TD MAP solutions impacted by the changes include TD Managed Portfolios and TD FundSmart Managed Portfolios.
With these changes, a broader range of investors will have access to premium pricing on TDAM's popular TD Managed Portfolios and TD FundSmart Managed Portfolios. By investing in a TD MAP Portfolio, investors can enjoy the confidence of knowing they have an actively managed portfolio that is well-diversified and is constructed for their tolerance to risk.
The changes that take effect in July are outlined in the chart below.
|TD MAP Solution||Series||Changes||
TD Managed Portfolios &
||July 1, 2014|
For more information, please see the applicable TD MAP prospectus.
About TD Asset Management Inc.
TDAM provides 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 March 31, 2014 , TDAM was the fourth largest mutual fund company in Canada , with CDN$86 billion invested in TD Mutual Funds (Source:IFIC).
SOURCE TD Asset Management Inc.
- Investment & Company Information
TD Bank Group