TD Asset Management Inc. announces expansion of its cash flow series for certain TD Mutual Funds and TD MAP Portfolios, and launch of new U.S. dollar purchase options for certain TD MAP Portfolios

TORONTO, Jan. 29, 2019 /CNW/ - TD Asset Management Inc. (TDAM) announced today it will expand its cash flow series options for certain TD Mutual Funds and TD Managed Assets Program (TD MAP) Portfolios, as well as launch new U.S. dollar purchase options for certain TD MAP Portfolios.

Cash flow series extensions

Effective on or about January 29, 2019 TDAM will launch new FT8 series extensions, seeking to provide an 8% target annualized distribution rate option on select existing fee-based cash flow series. Additionally, TDAM will launch new cash flow series extensions for the TD U.S. Blue Chip Equity Fund, providing investors with two potential payout rate options of 5% and 8% for the FT5 Series and FT8 Series respectively. The table below outlines the series extensions.

Fund

New Cash Flow Series
Extensions

Target Annualized
Distribution Rate

U.S. Equity

TD U.S. Blue Chip Equity Fund

H8 Series

8%

TD U.S. Blue Chip Equity Fund

T8 Series

8%

TD U.S. Blue Chip Equity Fund

FT5 Series

5%

TD U.S. Blue Chip Equity Fund

FT8 Series

8%

TD U.S. Risk Managed Equity Fund

FT8 Series

8%

Global Equity

TD Global Risk Managed Equity Fund

FT8 Series

8%

Retirement Portfolios

TD Retirement Conservative Portfolio

FT8 Series

8%

TD Retirement Balanced Portfolio

FT8 Series

8%

TD US$ Retirement Portfolio

FT8 Series

8%

TD Advantage Investment Portfolios

TD Advantage Balanced Income
Portfolio

FT8 Series

8%

TD Advantage Balanced Portfolio

FT8 Series

8%

TD Advantage Balanced Growth
Portfolio

FT8 Series

8%

TD Managed Assets Program Portfolios

TD Managed Income Portfolio

FT8 Series

8%

TD Managed Income Portfolio

WT8 Series

8%

TD Managed Income & Moderate
Growth Portfolio

FT8 Series

8%

TD Managed Income & Moderate
Growth Portfolio

WT8 Series

8%

TD Managed Balanced Growth
Portfolio

FT8 Series

8%

TD Managed Balanced Growth
Portfolio

WT8 Series

8%

 

The series extensions aim to provide more options for investors who are seeking cash flow from their mutual fund investments. TDAM's suite of cash flow solutions may be suitable for those looking for regular and predictable source of income in addition to potential investment growth.  

New USD purchase options for certain TD MAP Portfolios

On or about January 29, 2019 TDAM will launch new U.S. dollar purchase options on F-Series and W‑Series of certain TD MAP Portfolios. These new U.S. dollar purchase options aim to provide investors with additional U.S. dollar investment options to help meet their portfolio needs.

New USD Purchase Options

Series

TD Managed Income Portfolio

F-Series

W-Series

TD Managed Income & Moderate Growth Portfolio

F-Series

W-Series

TD Managed Balanced Growth Portfolio

F-Series

W-Series

TD Managed Aggressive Growth Portfolio

F-Series

W-Series

TD Managed Maximum Equity Growth Portfolio

F-Series

W-Series

 

For more information or to view the applicable TD Mutual Funds or TD MAP Simplified Prospectus for any of the funds discussed in this release, please visit www.tdassetmanagement.com.

Target distribution rates are based on Net Asset Value (NAV) per unit (PU) for the fund(s). The target distribution rates will change with the changes in the series NAVPU or monthly distribution per unit. This is a target distribution only, is not guaranteed, may be adjusted from time to time without notice and is not a prediction of future distributions. The most recent actual monthly distributions per unit are available on the TDAM website at tdassetmanagement.com.

The payment of distributions should not be confused with a fund's performance, rate of return or yield. If a distribution paid by a fund is greater than the performance of the fund, the difference will be deducted from your invested capital. Capital gains taxes deferred will be payable when the units of a fund are sold or to some extent when their adjusted cost base goes to zero. Returns of capital (ROC) distributions do not constitute part of a fund's rate of return or yield. ROC reduces the adjusted cost base of the units to which it relates.

Certain statements in this document may contain forward-looking statements ("FLS") that are predictive in nature and may include words such as "expects", "anticipates", "intends", "believes", "estimates" and similar forward-looking expressions or negative versions thereof. FLS are based on current expectations and projections about future general economic, political and relevant market factors, such as interest and foreign exchange rates, equity and capital markets, the general business environment, assuming no changes to tax or other laws or government regulation or catastrophic events. Expectations and projections about future events are inherently subject to risks and uncertainties, which may be unforeseeable. Such expectations and projections may be incorrect in the future. FLS are not guarantees of future performance. Actual events could differ materially from those expressed or implied in any FLS. A number of important factors including those factors set out above can contribute to these digressions. You should avoid placing any reliance on FLS.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the fund facts and prospectus, which contain detailed investment information, before investing. Mutual funds are not guaranteed or insured, their values change frequently and past performance may not be repeated.

TD Mutual Funds and the TD Managed Assets Program portfolios are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank and are available through authorized dealers.

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. TD Greystone Asset Management represents Greystone Managed Investments Inc., a wholly-owned subsidiary of Greystone Capital Management Inc. All entities are wholly-owned subsidiaries of The Toronto-Dominion Bank.

SOURCE TD Asset Management Inc.

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