Toronto-based TD Asset Management Inc. (TDAM) launched four new funds and two retirement portfolios on Tuesday.
The four funds offer investors exposure outside of Canada and include low volatility options, according to TDAM. The four funds are as follows:
• TD U.S. Low Volatility Fund
• TD Emerging Markets Low Volatility Fund
• TD U.S. Monthly Income Fund-C$
• TD International Equity Fund
In addition to the funds, TDAM also launched the TD Retirement Conservative Portfolio and the TD Retirement Balanced Portfolio. The portfolios are meant to help investors’ savings last longer in retirement. The products expose investors to TDAM’s low volatility equities strategy, a broad and flexible fixed income approach, and a proprietary risk reduction strategy.
“As the population ages, investors are increasingly seeking solutions that not only offer regular cash flow with some potential for growth, but also have the ability to reduce portfolio volatility,” said Paul Orlander, president, TD Mutual Funds, in a release. “We believe the portfolios have the potential to meet these needs.”
TDAM provides investors the option of 74 mutual funds, 28 professionally managed portfolios and 20 corporate class funds through TD Mutual Funds. TDAM manages funds for more than 1.8 million retail investors.