TD Asset Management Inc. announced today that it has filed a preliminary prospectus for a new fund, the TD Global Sustainability Fund.

The fund seeks to achieve long-term capital appreciation by investing primarily in equity securities of companies from around the globe that are viewed as contributing to the world’s future sustainability. These companies are viewed as “best-in-class” based on environmental, social and economic factors as defined by the Dow Jones Sustainability World Index (DJSI World) using SAM Group’s Corporate Sustainability Assessment. In addition, a portion of the portfolio will be dedicated to emerging specialists in clean energy technology and resource efficiency.

The TD Global Sustainability Fund will provide a new choice for investors who want to invest in companies whose business activities reflect an interest in the world’s future sustainability and who are looking to achieve long-term growth in their portfolio.

“Canadians are demanding environmentally sustainable solutions in all areas of their lives and investing is no different,” says Timothy Pinnington,president, TD Mutual Funds. “We’re pleased to announce a unique fund that offers long-term value with the growth potential of companies on the cutting-edge of new environmental technologies.”

For the large-cap portion of the portfolio, the fund will use the DJSI World to provide the investable universe from which the fund will actively invest. The DJSI World consists of approximately the top 10% of companies in the Dow Jones Global Index that are considered leaders in their respective industries in terms of corporate sustainability. SAM defines corporate sustainability as a business approach that leads to the creation of long-term shareholder value.

The emerging environmental specialist portion of the portfolio include companies that provide innovative solutions for today’s pressing environmental problems. These solutions may be either their core business focus or a significant and growing part of their business. The three major themes from this part of the portfolio are clean water, resource efficiency and alternative energy.

“Sustainable investing is a market that our clients and advisors have told us they’re interested in, and we look forward to being part of it,” says Pinnington.

The fund is expected to be available to investors and advisors in September, pending approval by the appropriate securities commissions.

It will be available in Investor Series, Advisor Series and F-Series units.