TD launches 2 funds, expands class offering

TD Asset Management, the manager of TD Mutual Funds, has launched two balanced funds: the TD Tactical Monthly Income Fund and TD Strategic Yield Fund.

Both funds take a flexible approach to asset allocation and focus on investments in income-producing securities.

“The new funds seek to bring growth potential or low volatility to an investor’s portfolio,” says Sandy Cimoroni, president of TD Mutual Funds.

The bank’s also expanded its corporate class offering by introducing six additional classes. Its offerings provide exposure to fixed income, equity funds and balanced fund options, among others asset classes.

Investors can also defer taxes when switching between its classes to decide when to trigger a capital gain or loss.

The corporate classes now include:

• TD Canadian Low Volatility Class
• TD Tactical Monthly Income Class
• TD Fixed Income Capital Yield Pool Class
• TD Dividend Income Class
• TD Global Low Volatility Class
• TD Global High Yield Capital Class (available September 13, 2012)

Staff

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