Canada’s TD Asset Management (TDAM) has rolled out three new funds and expanded the range of its TD Comfort Portfolios by introducing the TD Conservative Income Portfolio. The three new funds launched by the manager of TD Mutual Funds are the TD Target Return Conservative Fund, the TD Target Return Balanced Fund and the TD Global Low Volatility Fund.
TD’s target return funds aim to offer a potential shield against inflation, lower volatility and deliver a specified target return over a 5-year term. As on October 31, 2011, investments in TD Mutual Funds totaled $61.4 billion making TDAM the fourth largest mutual fund company in the country.
Click here for the release from Canada Newswire.