(February 19 – 11:50 ET) – TD Waterhouse Investor Services today announced a new alliance with Morningstar Canada, an independent provider of mutual fund investment information.

The alliance will provide TD Waterhouse clients with free online access to Morningstar Canada, a comprehensive source of mutual fund and investment information. The Morningstar Star Ratings, which detail each mutual fund’s quantitative, risk-adjusted ranking, in relation to other funds within its category, are also available free of charge at TD Waterhouse.

“This new alliance clearly raises the bar when it comes to providing Canadian self-directed investors with the information they need to make informed decisions,” says John See, vice chair, TD Waterhouse Group, Inc.

As a result of the alliance, new features on the TD Waterhouse Web site include Fund Quicktakes and Morningstar Fund Indices.

Fund Quicktakes provide a detailed report on a fund’s price, performance,portfolio holdings, management and fees. The reports allows investors to quickly review a fund’s Morningstar Rating, fund assets, geographic content and top 10 investment holdings.

Morningstar Fund Indices deliver a comprehensive list of indices and returns for mutual funds, organized by Investment Funds Standards Committee category.
-IE Staff