TD Asset Management Inc. (TDAM) said Wednesday it will be reducing the minimum investment amounts for the Premium and K-Series (cash flow) on TD Managed Assets Program (TD MAP) Portfolios effective July 1.

The TD MAP solutions impacted by the changes include TD Managed Portfolios and TD FundSmart Managed Portfolios.

With these changes, a broader range of investors will have access to premium pricing on TDAM’s popular TD Managed Portfolios and TD FundSmart Managed Portfolios, TDAM says.

The minimum investment amount decreases from $250,000 to $150,000 per portfolio, including pre-authorized purchase plans.

For a Monthly Income Plan (MIP), the minimum starting balance decreases from $350,000 to $250,000 per portfolio, and the minimum account balance required for the MIP to continue decreases from $250,000 to $150,000 per portfolio.