TORONTO, Oct. 24, 2024 /CNW/ - TD Asset Management Inc. ("TDAM"), the manager of the TD Managed Assets Program portfolios (the "TD MAP" Portfolios) listed below, announced the following risk rating changes, effective October 24, 2024:
TD MAP Portfolio | Current Risk Rating | New Risk Rating |
TD Managed Income Portfolio | Low | Low to Medium |
TD Managed Income ETF Portfolio | Low | Low to Medium |
There are no changes to the investment objectives, strategies or management of the TD MAP Portfolios associated with the new risk ratings.
The risk rating changes will be reflected in the TD MAP Portfolios' Simplified Prospectus and Fund Facts that will be filed on or about October 24, 2024.
The risk rating changes are based on the standardized risk classification methodology mandated by the Canadian Securities Administrators (the "CSA") and the related annual review conducted by TDAM to determine the risk level of its publicly offered investment funds. A summary of the CSA's risk classification methodology, as well as the investment objectives and strategies of the TD MAP Portfolios can be found in the TD MAP Portfolios' Simplified Prospectus, available on TDAM's website, as noted below, or on SEDAR+ at www.sedarplus.ca.
For more information regarding the TD MAP Portfolios, please visit the TD MAP Portfolios page on the TDAM website.
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.
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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 $479 billion in assets. Aggregate statistics are as of September 30, 2024 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.
