TD simplifying its mutual-fund shelf

TD Asset Management (TDAM) has announced its intention to discontinue a mutual fund as well as certain series of its TD Advantage portfolios.

Effective on or about August 25, TDAM plans to terminate:

• TD International Growth Fund; and
• H5 T5, FT5, and FT8 series of:
  • TD Advantage Balanced Income Portfolio
  • TD Advantage Balanced Portfolio
  • TD Advantage Balanced Growth Portfolio

The TD International Growth Fund has been closed to additional purchases, including those made through Pre‑Authorized Purchase Plans and Pre-Authorized Contribution Plans. It will be liquidated at fair market value on or about August 25, after which TDAM will determine distributions and distribute the net assets to securityholders.

The TD Advantage Portfolios have also been closed to all purchases.

According to TDAM, the planned changes are meant to simplify its offering line-up and continue delivering value to its clients.

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