(November 6 – 16:25 ET) – TD Asset Management Inc., the first bank to sell third-party funds, is now turning the tables and looking to sell its funds through independent advisors.

The bank is launching an Advisor Series and an F-Series of TD Mutual Funds, offering selected TD Mutual Funds through investment advis0rs. Investment Executive broke this story in its mid-October issue. (See: http://204.225.136.130/NewIE/index.php3?setion=13&back=1&pubid=35&article9=2 542)

The Advisor Series includes 19 of the top-selling TD funds along with three new funds, all with optional front, back and low load sales options. Fee-based advisors will be able to sell the F-Series of funds to their clients. The F-Series will include all the funds available in the Advisor Series of TD Mutual Funds, plus 11 TD Index Mutual Funds.

The three new funds are: the TD Global e-Business Fund; TD Global Wireless and Telecom Fund; and TD Global Biotechnology Fund. Credit Suisse Asset Management LLC will act as advisor on all three funds. Each of the three new funds will also be available in 100% RSP-eligible versions, managed by TDAM.

TD says it will launch an extensive marketing and support program with an information resource package, including individual fund fact sheets, flyers and advertising, and the monthly Performance Magazine for advisors. TD is also launching a new tdadvisor.com Web site with information for advisers on how to both access and distribute all support materials.

“As the Canadian mutual fund distribution environment has evolved, it’s been clear to us that investors are demanding more choice, greater access and broader diversification,” said Mark Wettlaufer, president, TDAM. “We’ve already delivered Canada’s first online fund access through our TD e-Funds; now we’re providing Canada’s professional investment advisor community the opportunity to offer the best of our best through the Advisor and F-Series of TD Mutual Funds. These new series are available to brokers, financial planners or insurance agents who are duly licensed to sell the TD Mutual Funds that their clients have been hearing so much about.”