TD Asset Management Inc. Tuesday announced the launch of five new portfolios, which may be suitable either as an all-in-one solution or as a core holding in an investment portfolio.

They five portfolios are: TD Advantage Conservative Portfolio; TD Advantage Moderate Portfolio; TD Advantage Balanced Portfolio; TD Advantage Growth Portfolio; TD Advantage Equity Portfolio.

“TD Advantage Investment Portfolios provide clients access to top quality funds, actively managed for long-term performance and to capitalize on certain shorter-term market opportunities, while managing downside risk,” says Thomas Dyck, president, TD Mutual Funds.

The portfolios carry competitive MERs relative to their peers, he adds.

TD Mutual Funds also introduced new series extensions of two existing funds, the New Advisor and F-Series units of the TD Mortgage Fund and H-, T- and S-Series units of the TD High Yield Income Fund.

TD Mortgage Fund’s fundamental investment objective is to provide a steady stream of interest income, by investing in a diversified portfolio made up primarily of high-quality Canadian residential mortgages bought from and administered by TD Bank Financial Group. The launch of the Advisor and F-Series provides advisors access to the fund, as an alternative to traditional fixed income funds.

The tax-efficient H-, T- and S- Series of the TD High Yield Income Fund aim to provide clients with consistent monthly cash flow on a tax-efficient basis. The fund seeks to provide income and capital appreciation over the longer term, by investing primarily in high-yield bonds or other income-producing securities.

The new funds and series will be available for sale as of September 15.

IE