TORONTO, April 24, 2019 /CNW/ - Today, TD Asset Management
Inc. ("TDAM") announced two new alternative investment solutions
for accredited investors: the TD Greystone Mortgage and Short
Bond Pooled Fund Trust and the TD Emerald Private /
Public Debt Pooled Fund Trust (the "Funds").
The Funds are available exclusively to TD Wealth Private
Wealth Management clients and provide access to TD Greystone Asset
Management's ("TD Greystone") portfolio investment expertise in
alternative assets.
"These funds offer investors the potential benefit of
diversification because of their low correlation to the
equity market, as well as protection against inflation," says
Bruce Cooper, CEO and CIO, TDAM.
"This is the first of several investment products that will tap
into the extensive experience of both firms to meet the unique
investing needs of our Private Wealth Management clients."
The TD Greystone Mortgage and Short Bond Pooled Fund
Trust seeks to provide income and preserve capital over the
long-term by primarily investing in, or gaining exposure to, a
diversified portfolio of Canadian commercial mortgages and fixed
income investments.
The TD Emerald Private / Public Debt Pooled Fund
Trust seeks to provide income and preserve capital over the
long-term by primarily investing in, or gaining exposure to,
private and public fixed income securities.
"We are committed to delivering an elevated investing experience
for clients by helping them to build wealth and protect what truly
matters to them," says Dave Kelly,
SVP and Head of Private Wealth Management and Financial Planning,
TD Bank Group. "These new funds, led by the expertise of TDAM and
TD Greystone, offer an exclusive opportunity for our High Net Worth
clients as we can now offer a more holistic approach to how we
build and grow client portfolios."
About TD Bank Group
The Toronto-Dominion Bank and its
subsidiaries are collectively known as TD Bank Group ("TD" or
the "Bank"). TD is the sixth largest bank in North America by branches and serves more than
25 million customers in three key businesses operating in a number
of locations in financial centres around the globe: Canadian
Retail, including TD Canada Trust, TD Auto Finance Canada, TD
Wealth (Canada), TD Direct
Investing, and TD Insurance; U.S. Retail, including TD Bank,
America's Most Convenient Bank®, TD Auto Finance
U.S., TD Wealth (U.S.), and an investment in TD Ameritrade; and
Wholesale Banking, including TD Securities. TD also ranks
among the world's leading online financial services firms, with
more than 12 million active online and mobile customers. TD had
CDN$1.3 trillion in assets on
January 31, 2019. The
Toronto-Dominion Bank trades under the symbol "TD" on the
Toronto and New York Stock
Exchanges.
About TD Asset Management Inc.
TD Asset Management
(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 $388.0 billion in assets as at March
31, 2019. Assets under management include TD Asset Management Inc.,
TDAM USA Inc., Epoch Investment
Partners Inc. (Epoch) and TD Greystone Asset Management. TD
Greystone Asset Management represents Greystone Managed Investments
Inc., a wholly-owned subsidiary of Greystone Capital Management
Inc. All entities are wholly-owned subsidiaries of The
Toronto-Dominion Bank.
About TD Greystone Asset Management
TD Greystone
Asset Management represents Greystone Managed Investments Inc., a
wholly-owned subsidiary of Greystone Capital Management Inc. TD
Greystone Asset Management ("TD Greystone") is an institutional
money manager based in Regina with
additional offices in Toronto,
Winnipeg and Hong Kong. Since 1988, TD Greystone has been
offering a full range of multi-asset class solutions with in-house
teams covering fixed income, Canadian equities, U.S. equities,
international equities, real estate, mortgages and infrastructure.
In November 2018, The
Toronto-Dominion Bank (TD) completed the acquisition of Greystone
Capital Management Inc. ("GCMI"), parent company of Greystone
Managed Investments Inc. This transaction provides the asset
management businesses of TD one of the broadest offerings of
investment solutions in Canada and
will provide clients access to alternative investments and the
ability to further integrate private and public asset classes into
their portfolios. To learn more about TD Greystone, please visit
www.greystone.ca.
SOURCE TD Asset Management Inc.