TORONTO, March 27, 2013 /CNW/ - TD Asset Management (TDAM), the manager
of the TD Private Target Return Fund (the "Fund"), today announced a
change to the risk rating of the Fund. The change is reflected in the
Fund's updated simplified prospectus filed with Canadian securities
regulators today.
The risk rating of the Fund has changed from "Low to Medium" to "Low,"
to reflect the Fund's risk level. No changes have been made to the
investment objectives, strategies or management of the Fund, as set out
in the updated simplified prospectus.
This Fund, along with the TD Target Return Conservative Fund and the TD
Target Return Balanced Fund, is among the first funds in Canada to
focus on seeking to achieve a defined target return. The investment
strategies of these Funds provide the portfolio managers with the
flexibility to choose from different asset classes and a wide range of
investments, including defensive investments, globally. For more
information on TD Asset Management and our investment solutions, please
visit www.tdassetmanagement.com
About TD Asset Management
TD Asset Management (TDAM) is a fully integrated North American
investment manager, with over CDN$211 billion in assets under
management as of January 31, 2013. TDAM operates as TD Asset Management
Inc. in Canada and TDAM USA Inc. in the U.S. TDAM offers investment
solutions to corporations, pension funds, endowments, foundations and
high net worth individuals. A cornerstone of the success of TDAM's
investment strategies has been the firm's disciplined and
risk-controlled approach to investment, along with its ability to
innovate progressive solutions that meet clients' changing needs and
objectives.
Under TD Private Funds, TDAM manages approximately CDN$8.0 billion in
assets. TD Waterhouse Private Investment Counsel Inc. is one of
Canada's largest private client money management firms. TD Waterhouse
Private Investment Counsel's extensive network of professional
portfolio managers provide discretionary investment management services
to high net worth individuals and their families, small and mid-size
corporations, charitable organizations and foundations, and executors
and trustees from coast to coast.
SOURCE: TD Bank Group
For media inquiries, please contact:
Amanda Tran
TD Bank Group
416-983-7212
amanda.tran@td.com