TD Asset Management Inc. today announced the launch of three new pooled funds trusts. The trusts are intended to broad TD’s offering to institutional clients.

Among the funds are two ‘Active Extension’ or ‘130/30’ Funds: the TD Emerald 130/30 Enhanced Canadian Equity Pooled Fund Trust and the TD Emerald 130/30 Enhanced U.S. Equity Pooled Fund Trust. These funds employ the same investment process as the successful quantitative enhanced equity strategies and market neutral hedge funds already managed by TD Asset Managment.

“130/30 Funds have proven very popular with U.S. institutional investors and TDAM is excited to be one of the first managers to bring these funds to the market in Canada, including a Canadian equity version,” said Robin Lacey, managing director, TD Asset Management, in a news release.

TD Asset Management has also launched its fourth multi-strategy portable alpha fund, the TD Emerald Multi-Strategy Canadian Bond Fund. Like its existing multi-strategy funds, this fund aligns TD Asset Management’s leading index management and product structuring skills with its successful proprietary alpha generating strategies. It targets 3% of excess return over the Scotia Capital Universe Bond Index with minimal additional risk.

“Clients large and small are searching the market place for strategies to generate additional return without substantially increasing risk — Portable Alpha is a proven and efficient risk-managed approach worth investigating,” said Dino Bourdos, vp & director, portfolio management, TD Asset Management.