TD Asset Management Inc. announced that unitholders approved proposals to establish an administration fee for Advisor series units of TD Global RSP Bond Fund and TD Japanese Growth Fund at meetings held today in Toronto.

Beginning Jan. 1, 2007 TD will pay certain operating expenses in respect of these funds, as well as most other TD Mutual Funds.

The operating expenses borne by TD will not include costs and expenses associated with each fund’s independent review committee, taxes, borrowing, compliance with any new governmental or regulatory requirements imposed after Dec. 12, 2006, any new types of costs not incurred before Dec. 13, 2006, and costs associated with portfolio transactions, including brokerage commissions and research and execution costs, if any.

TD will receive an annual administration fee at an annual rate 0.30% of the net asset value of the Advisor series units of TD Global RSP Bond Fund and TD Japanese Growth Fund.

TD also announced that the name of the TD Global RSP Bond Fund will be changed to TD Global Bond Fund.