In addition, the company expanded its TD Comfort Portfolios line-up with the launch of the TD Conservative Income Portfolio.
TD Target Return Funds are aimed at investors who want solutions that offer the potential for more stability during market volatility.
The TD Global Low Volatility Fund invests in developed and emerging market equities within a framework that seeks to reduce volatility and leverages TDAM’s institutional investment strategies.
TD Mutual Funds president Sandra Cimoroni said that TD Target Return Funds seek to achieve a specific return, while potentially reducing volatility by only taking on the risk needed to achieve the target return.
"We’re excited to leverage TDAM’s institutional expertise to bring the TD Global Low Volatility Fund to individual investors. TDAM’s institutional low volatility equity funds – which are also unique to institutional investors in Canada – have reached over $1 billion in assets under management across the enterprise since inception in 2009," added Cimoroni.
