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 for its line of funds of funds: TD Global Equity Income Balanced Portfolio and TD Global Equity Income Fund (collectively, the “Swimming Pools”). Pools are all-in-one solutions designed to generate capital growth and income by investing primarily in securities of other mutual funds, with an emphasis on mutual funds that invest in income-producing securities of issuers located all over the world.
Building on the popularity of the TD Fixed Income Pool and TD US Equity Pool, these new solutions will invest primarily in mutual funds and ETFs managed by TDAM. Investments of the Pools may include, but are not limited to, preferred stocks, common stocks, real estate investment trusts and other similar income producing instruments. The Pools will seek to make regular monthly distributions which may include a return of capital. The TD Global Equity Income Balanced Portfolio adds a global fixed income component to form a target 75/25 fixed income equity mix.
“Today, Canadians are allocating more and more 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. Over the past few years, we have expanded our line of mutual funds and our line of ETFs with high quality solutions to help meet this investor demand. The new TD Global Equity Income Pools provide actively managed global equity income solutions, overweight exposure to dividend paying equities, to help meet the needs of a broad spectrum of investors. Underlying and tactical allocations of the Pools will be actively managed by TDAM’s asset allocation, fundamental equity and fixed income teams, ”added Vanderhooft.
Investors in the Mandates will have access to:
Two levels of active management: Benefit from the tactical adjustments made by the Pools portfolio management team, 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 trying to position portfolios defensively where appropriate.
As global equity class mutual funds account for a growing percentage of Canadian assets under management, the new TD Global Equity Income Pools offer value to a wide range of investors looking for opportunities. an actively managed global equity income solution with a focus on dividend paying stocks.
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 United States, TDAM brings fresh thinking to the most important challenges facing investors. GPTD provides investment solutions to businesses, pension funds, endowments, foundations and individual investors. In addition, TDAM manages assets on behalf of nearly 2 million retail investors and offers a broadly diverse range of investment solutions, including mutual funds, professionally managed portfolios and category funds. company. TD’s asset management firms manage $ 431 billion in assets as of September 30, 2021. Assets under management include GPTD, GPTD USA Inc. and Epoch Investment Partners Inc. All entities are wholly owned subsidiaries of The Toronto-Dominion Bank.
Commissions, management fees and expenses may all be associated with investments in mutual funds and / or exchange-traded funds (“ETFs”) (collectively, “the Funds”). Trailing commissions may be associated with investments in mutual funds. ETF units are bought and sold at market prices on an exchange and brokerage commissions will reduce returns. Please read the fund facts or the summary documents and prospectus, which contain detailed information about the investments, before investing in the Funds. The Funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer and are not guaranteed or insured. Their values change frequently. There can be no assurance 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 performances cannot be repeated. TD Asset Management Inc. is a wholly owned subsidiary of The Toronto-Dominion Bank.
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SOURCE TD Asset Management Inc.
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