TORONTO, Oct. 26,
2022 /CNW/ - TD Asset Management Inc. (TDAM)
announced today that it will lower the management fee for certain
series of select TD Managed Assets Program portfolios listed below,
effective on or about October 26,
2022.
These changes will be reflected in the TD Managed Assets
Program's Simplified Prospectus and Fund Facts that will be filed
on or about October 26, 2022.
The new management fees are as follows:
|
Fund
Name
|
Series
|
Current
Management Fee
|
New
Management
Fee
|
|
|
|
TD Managed Income
Portfolio
|
D-Series
|
0.95 %
|
0.70 %
|
|
|
TD Managed Income &
Moderate Growth Portfolio
|
D-Series
|
1.05 %
|
0.80 %
|
|
|
TD Managed Balanced
Growth Portfolio
|
D-Series
|
1.15 %
|
0.90 %
|
|
|
TD Managed Aggressive
Growth Portfolio
|
D-Series
|
1.25 %
|
1.00 %
|
|
|
TD Managed Maximum
Equity Growth Portfolio
|
D-Series
|
1.35 %
|
1.10 %
|
|
|
TD Managed Income ETF
Portfolio
|
D-Series
|
0.55 %
|
0.30 %
|
|
|
TD Managed Income &
Moderate Growth ETF Portfolio
|
D-Series
|
0.55 %
|
0.30 %
|
|
|
TD Managed Balanced
Growth ETF Portfolio
|
D-Series
|
0.55 %
|
0.30 %
|
|
|
TD Managed Aggressive
Growth ETF Portfolio
|
D-Series
|
0.55 %
|
0.30 %
|
|
|
TD Managed Maximum
Equity Growth ETF Portfolio
|
D-Series
|
0.55 %
|
0.30 %
|
|
|
TD Managed Index Income
Portfolio
|
e-Series
|
1.10 %
|
0.99 %
|
|
|
TD Managed Index Income
& Moderate Growth Portfolio
|
e-Series
|
1.15 %
|
1.04 %
|
|
|
TD Managed Index
Balanced Growth Portfolio
|
e-Series
|
1.20 %
|
1.09 %
|
|
|
TD Managed Index
Aggressive Growth Portfolio
|
e-Series
|
1.25 %
|
1.14 %
|
|
|
TD Managed Index
Maximum Equity Growth Portfolio
|
e-Series
|
1.30 %
|
1.19 %
|
|
For more information regarding the TD Managed Assets Program,
visit TDAssetManagement.com.
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 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.
®The TD logo and other TD trademarks are the property
of The Toronto-Dominion Bank or its subsidiaries.
About TD Asset Management
Inc.
TD Asset Management Inc. ("TDAM"), a member of TD Bank Group, is
a North American investment management firm. 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 $398
billion in assets. Aggregate statistics are as of
June 30, 2022 for TDAM and Epoch
Investment Partners, Inc. TDAM operates in Canada and Epoch Investment Partners, Inc.
operates in the United States.
Both entities are affiliates and are wholly-owned subsidiaries of
The Toronto-Dominion Bank.
SOURCE TD Asset Management Inc.