TD fund permitted to invest in Manulife shares
The manager of the TD International Equity Fund says the sub-advisor of the fund has received regulatory approval that permits the fund to invest in shares of BP plc or Manulife Financial Corp.
TD Asset Management Inc. says UBS Global Asset Management (Canada) Co. was granted approval for the investments, which would otherwise be prohibited by securities legislation. TD adds that the fund may rely on this regulatory
relief.
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