TD Asset Management launches new funds

TD Asset Management Inc. is set to launch the TD U.S. Shareholder Yield Fund, and add an Advisor Series and F Series to the TD European Growth Fund. Epoch Investment Partners, Inc. will be a portfolio adviser for these funds.

Read: TD bank first to offer green bonds

The TD U.S. Shareholder Yield Fund gives investors access to a diversified portfolio of U.S. income-producing securities, says the firm. Companies in the portfolio are selected for their potential to generate free cash flow and focus on creating shareholder yield through dividends, share repurchases and debt reductions.

Read: Which stocks are hot right now?

In addition, the firm will expand its Cash Flow Series line-up (H, T, and S series) to its four low volatility funds and the TD North American Dividend Fund. This includes:

• TD Canadian Low Volatility Fund (New Fund)
• TD U.S. Low Volatility Fund
• TD Global Low Volatility Fund
• TD Emerging Markets Low Volatility Fund

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.