TD Asset Management Inc. and Transamerica Life Canada today announced the launch of new Class A and Class B Funds and Portfolios within the TD Guaranteed Investment Funds II line-up.

TD Guaranteed Investment Funds II, issued by Transamerica Life Canada and managed by TD Asset Management Inc., will now provide an enhanced TD GIF II product.

The new TD Guaranteed Investments Funds II policies now offer a100% Deposit Maturity/Contract Maturity and Death Guarantee with Class A Funds and Portfolios and 75% Deposit Maturity/Contrac Maturity Guarantee, and 100% Death Guarantee with Class B Funds and Portfolios with no reduction in guarantee benefits based on annuitant age.

There are no DSC charges deducted from the Death Benefit except if a death claim is within 12 months of the policy being issued.

As well an automatic annual reset of the Death Guaranteed Minimum Amount on the Contract Anniversary Date captures increases in market value.

http://www.newswire.ca/releases/September2003/29/c5649.html