TORONTO, March 29, 2019 /CNW/ - TD Asset Management Inc.
(TDAM), the manager of TD Mutual Funds, announced today that TD Greystone Asset Management (TD Greystone) will assume portfolio
adviser responsibilities of the TD International Stock Fund (the Fund) from TDAM and Epoch Investment Partners, Inc. effective
April 15, 2019.
There will be no change to the investment objectives of the Fund, however the investment strategies will change to include
investing in companies believed to be able to sustain strong earnings growth. Emphasis will also be placed on earnings quality
and financial strength. Modeling analytics of stock, sector and country contribution will be utilized to help optimize the Fund's
overall risk exposure relative to its benchmark.
Additionally, effective March 29, 2019 the risk rating for the Fund will change to Medium from
Medium to High. This change will be reflected in an amendment to the TD Mutual Funds' Simplified Prospectus and the amended Fund
Facts, that will be filed with the Canadian securities regulators on or about March 29, 2019.
The risk rating change is based on the methodology mandated by the Canadian Securities Administrators (the CSA). The
change is not a result of any modifications made to the investment objectives, strategies or management of the Fund. A summary of
the CSA's risk classification methodology, the investment objectives and the investment strategies can be found in the applicable
TD Mutual Funds Simplified Prospectus available at www.tdassetmanagement.com.
"The Fund should benefit from TD Greystone's growth biased equity investing style", said Bruce
Cooper, CEO and CIO, TDAM. "The Fund will leverage TD Greystone's investment process which seeks to identify companies
with sustainable growth drivers that may translate into higher future earnings, and higher stock prices."
About TD Greystone Asset Management
TD Greystone Asset Management represents Greystone Managed Investments Inc., a wholly-owned subsidiary of Greystone
Capital Management Inc. TD Greystone Asset Management ("TD Greystone") is an institutional money manager based in Regina with additional offices in Toronto, Winnipeg and Hong Kong. Since 1988, TD Greystone has been offering a full
range of multi-asset class solutions with in-house teams covering fixed income, Canadian equities, U.S. equities, international
equities, real estate, mortgages and infrastructure. In November 2018, The Toronto-Dominion Bank
(TD) completed the acquisition of Greystone Capital Management Inc. ("GCMI"), parent company of Greystone Managed Investments
Inc. This transaction provides the asset management businesses of TD one of the broadest offerings of investment solutions in
Canada, and will provide clients access to alternative investments and the ability to further
integrate private and public asset classes into their portfolios. To learn more about TD Greystone, please visit www.greystone.ca.
About TD Asset Management Inc.
TD Asset Management (TDAM), a member of TD Bank Group, is a North American investment management firm. Operating through TD
Asset Management Inc. in Canada and TDAM USA Inc. in the U.S.,
TDAM brings new thinking to investors' most important challenges. TDAM offers investment solutions to corporations, pension
funds, endowments, foundations and individual investors. Additionally, TDAM manages assets on behalf of almost 2 million retail
investors and offers a broadly diversified suite of investment solutions including mutual funds, professionally managed
portfolios and corporate class funds. Asset management businesses at TD manage $366.9 billion in
assets as at December 31, 2018. Assets under management include TD Asset Management Inc., TDAM
USA Inc., Epoch Investment Partners Inc. (Epoch) and TD Greystone Asset Management.
SOURCE TD Asset Management Inc.
View original content: http://www.newswire.ca/en/releases/archive/March2019/29/c3008.html