This is the second time that TD has ventured into this product space, having launched a suite in 2001 and exiting the space in 2006
TDAM employs “collar” strategy in retirement portfolios.
The proposed changes include several merger and terminations
Suite for self-directed investors now includes 53 mutual funds
Fund mergers, terminations planned for February
Change not intended to impact day-to-day management of the funds
22 funds available through TD Direct Investing
K-series provides access to potentially tax-efficient cash flows, with the added advantage of lower management fees
Terminating funds to be liquidated in October
TDAM says new investment strategy effective July 24