Investors seeking both growth and income can
now diversify further with new TD Global Equity Income Pools
from TD Asset Management Inc.
TORONTO, Dec. 3, 2021 /CNW/ - Today, TD Asset Management
Inc. ("TDAM") announced the launch of two new solutions to its
fund-of-fund suite: TD Global Equity Income Balanced Pool
and TD Global Equity Income Pool (collectively, the
"Pools"). The Pools are all-in-one solutions designed to generate
capital growth and income by investing primarily in securities of
other mutual funds, with a focus on mutual funds that invest in
income-producing securities of issuers located anywhere in the
world.
Building upon the popularity of the TD Fixed Income Pool and TD
U.S. Equity Pool, these new solutions will invest primarily in
mutual funds and ETFs managed by TDAM. The Pools' investments may
include, but are not limited to, preferred shares, common shares,
real estate investment trusts and other similar income-producing
instruments. The Pools will seek to deliver regular monthly
distributions that may include a return of capital. The TD Global
Equity Income Balanced Pool adds a global fixed income component to
form a 75/25 equity to fixed income target mix.
"Today, Canadians are increasingly allocating assets in their
portfolios to global equities," said Robert
Vanderhooft, Chief Investment Officer, TDAM. "At the same
time, many investors also have a strong need for income as part of
a diversified portfolio. In recent years, we've expanded our mutual
fund lineup and ETF suite with high-quality solutions to help meet
this investor demand. Our new TD Global Equity Income Pools provide
actively managed global income equity solutions, overweight in
exposure to dividend paying equities, to help meet the needs of a
wide range of investors. The underlying exposures and tactical
allocations of the Pools will be actively managed by the
experienced Asset Allocation, Fundamental Equity and Fixed Income
teams at TDAM," added Vanderhooft.
Investors in the Pools will get access to:
- Two Layers of Active Management: Benefit from
tactical adjustments made by the portfolio management team of the
Pools, as well as the active investment approaches used by the
portfolio managers of the underlying funds
- Unique Core-Satellite Approach: Combines long-term
strategic asset allocation with tactical adjustments made by the
portfolio management team to take advantage of short-term market
opportunities
- Active Risk Management: The portfolio management
team seeks to maintain a long-term focus while attempting to
defensively position the portfolios when appropriate
With mutual funds in the global equity categories becoming an
increasing percentage of Canadian assets under management, the new
TD Global Equity Income Pools offer value for a wide range of
investors seeking an actively managed global income equity solution
with a strong focus on dividend paying equities.
About TD Asset Management Inc.
TD Asset Management
Inc., a member of TD Bank Group, is a North American investment
management firm. Operating through TD Asset Management Inc. (TDAM)
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 $431 billion in assets as of September
30, 2021. Assets under management include TDAM,
TDAM USA Inc. and Epoch Investment Partners Inc. All
entities are wholly-owned subsidiaries of The Toronto-Dominion
Bank.
Commissions, management fees and expenses all may be associated
with mutual fund and/or exchange- traded fund ("ETF") investments
(collectively, "the Funds"). Trailing commissions may be associated
with mutual fund investments. ETF units are bought and sold at
market price on a stock exchange and brokerage commissions will
reduce returns. Please read the fund facts or summary documents and
the prospectus, which contain detailed investment information,
before investing in the Funds. The Funds are not covered by the
Canada Deposit Insurance Corporation or by any other government
deposit insurer and are not guaranteed or insured. Their values
change frequently. There can be no assurances that a money market
fund will be able to maintain its net asset value per unit at a
constant amount or that the full amount of your investment will be
returned to you. Past performance may not be repeated. TD Asset
Management Inc. is a wholly-owned subsidiary of The
Toronto-Dominion Bank.
®The TD logo and other trademarks are the property of
The Toronto-Dominion Bank or its subsidiaries.
SOURCE TD Asset Management Inc.