(January 31 – 11:50 ET) – TD Asset Management Inc. is forming a strategic alliance with C.I. Mutual Funds Inc.
The alliance makes C.I. Funds available for immediate purchase in TD branches in most provinces.
“TD was the first bank to offer third party mutual funds through our retail branches, and we’re building on that leadership by continuing to provide our customers with the exceptional range of mutual funds they’re telling us they want,” said Steve Murray, vice president and managing director, TD Investment Solutions. “Our ability to add this range of high quality offerings from C.I. Funds will certainly complement what is already one of the most comprehensive mutual fund line-ups available in Canada.”
In 1996, TD became the first Canadian bank to distribute third party mutual funds through its branches by launching the Asset Accumulator Account.
“C.I. Funds is pleased to have been selected by TD for its third-party mutual fund program,” said Peter Anderson, president, C.I. Mutual Funds Inc. “TD has chosen several of our outstanding global funds, including funds managed by C.I. Global Advisors and BPI Global Asset Management, which will serve as excellent core funds in investors’ portfolios.”
Effective today, mutual fund representatives in most TD branches will be able to provide advice on the following C.I. Funds:
- C.I. International Balanced Fund
- C.I. International Balanced RSP Fund
- C.I. Global Fund
- C.I. Global Equity RSP Fund
- C.I. Global Boomernomics Fund
- C.I. Global Boomernomics RSP Fund
- BPI International Equity Fund
- BPI International Equity RSP Fund
-IE Staff