TD Asset Management Inc on Monday announced proposed changes to the underlying fund allocations of the TD Managed Portfolios and TD FundSmart Managed Portfolios which form part of the TD Managed Assets Program (TD MAP).

TD MAP Portfolios are professionally managed portfolios of mutual funds. TD Managed Portfolios are built on the strength of TD Mutual Funds while TD FundSmart Managed Portfolios provide investors access to some of the leading brand names in the industry, including TD Mutual Funds.

In a statement, TDAM said the changes reflect its commitment to providing superior portfolios through the ongoing review and monitoring of the portfolios’ asset mixes and their underlying fund holdings.

The review process involves conducting a thorough assessment of the portfolios’ asset allocation and the underlying fund selection. A combination of quantitative and qualitative factors is used to isolate superior funds and optimal asset mixes.

This process can result in periodic revisions to target weightings of the underlying funds and the addition or removal of underlying funds held in a portfolio based on factors such as changes in investment mandate, fund performance, market conditions and industry trends.

The revised TD Managed and TD FundSmart Managed Portfolios’ asset mix, underlying fund holdings and their respective target weightings, are effective on or about October 6, 2003.

For a complete list of changes, please refer to the company’s news release.