TD Asset Management Inc. (TDAM) today announced the launch of TD Global Sustainability Fund and TD Canadian Core Plus Bond Fund, and the addition of new series extensions for three existing mutual funds.

TD Global Sustainability Fund invests in companies recognized for their sustainable approach to building thriving businesses, as well as companies that are developing innovative solutions for today’s pressing environmental problems, TDAM says.

“Many investors are looking for options to invest in companies that are making a positive contribution to the world’s future sustainability,” says Timothy Pinnington, president, TD Mutual Funds. “We’re pleased to launch a fund that offers exposure to the sustainable investing market.”

TD Canadian Core Plus Bond Fund invests primarily in Canadian investment grade bonds and, additionally, may invest in global fixed income investments across the credit risk spectrum.

TDAM says the series extensions allow for more funds to be offered in the H, T and S-Series units, which are designed for a higher distribution monthly payout than other series units of the funds. These series extensions also add to the tax efficient product choices in the TD Mutual Funds lineup available to advisors and their clients.

“With the series extensions, we offer more choice of tax efficient solutions that are a great way to obtain a consistent monthly cash flow for investors,” says Pinnington.

The existing funds offering new series units are: TD Diversified Monthly Income Fund; TD Dividend Growth Fund; and TD Global Dividend Fund.