TORONTO, July 29, 2021 /CNW/ - TD Asset Management
Inc. ("TDAM"), the manager of the TD China Income & Growth
Fund, TD Emerging Markets Fund, TD Emerging Markets Class and TD
Canadian Diversified Yield Fund (collectively, the "Funds"),
announced today that effective July 29,
2021, the risk ratings for the Funds will be changing as
indicated below:
TD Mutual
Fund
|
Previous Risk
Rating
|
New Risk
Rating
|
Risk Rating
Decrease
|
TD China Income &
Growth Fund
|
High
|
Medium to
High
|
TD Emerging Markets
Fund
|
Medium to
High
|
Medium
|
TD Emerging Markets
Class
|
Medium to
High
|
Medium
|
Risk Rating
Increase
|
TD Canadian
Diversified Yield Fund
|
Low to
Medium
|
Medium
|
There are no changes to the investment objectives, strategies or
management of the Funds associated with the new risk ratings.
The risk rating changes are based on the standardized risk
classification methodology mandated by the Canadian Securities
Administrators (the "CSA") and an annual review conducted by TDAM
to determine the risk level of publicly offered investment funds. A
summary of the CSA's risk classification methodology, as well as
the investment objectives and strategies for the Funds can be found
in the TD Mutual Funds' simplified prospectus, available on TDAM's
website, as noted below, or on SEDAR at www.sedar.com.
New U.S. Dollar Purchase Option
TDAM also announced that U.S. dollar purchase options will be
made available on Investor Series, Advisor Series, F-Series and
Private Series units of the TD China Income & Growth Fund to
provide even greater flexibility for investors.
For more information about the Funds, please click here.
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. Mutual fund strategies and current holdings are
subject to change. TD Mutual Funds are managed by TD Asset
Management Inc., 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.
About TDAM
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 $428 billion in assets as at June 30, 2021. Assets under management include TD
Asset Management Inc., TDAM USA
Inc. and Epoch Investment Partners Inc. All entities are
wholly-owned subsidiaries of The Toronto-Dominion Bank.
SOURCE TD Asset Management Inc.