TD Asset Management Inc. Announces Intention to Cap Sales of the TD Global High Yield Pool Trust
TORONTO, April 10, 2013 /CNW/ - TD Asset Management Inc. (TDAM), the
manager of TD Mutual Funds, has made the decision to no longer accept
additional investments in the TD Global High Yield Pool Trust effective
Friday, April 12, 2013. The decision is in response to the federal
budget measures regarding "character conversion transactions." This
fund has only been available for purchase by the TD Global High Yield
Capital Class. TDAM previously announced that the TD Global High Yield
Capital Class was capped effective as of the close of business on April
5, 2013.
About TD Asset Management Inc.
Through TD Mutual Funds, TD Asset Management Inc. (TDAM) provides a
diverse range of 70 mutual funds, 26 professionally managed portfolios
and 20 corporate class funds. TDAM manages retail mutual fund assets on
behalf of more than 1.7 million investors and TD Mutual Funds is 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, TD Wealth Private Investment Advice as well as independent
investment dealers. As of February 28, 2013, TDAM was the fourth
largest mutual fund company in Canada, with CDN$73.1 billion invested
in TD Mutual Funds.
SOURCE: TD Asset Management Inc.
Amanda Tran
TD Bank Group
416-983-7212
amanda.tran@td.com