TD Asset Management Inc. Thursday announced plans to terminate the TD Emerald U.S. Dollar Treasury Management Fund.

Effective February 2, the fund will cease offering units for purchase. The fund will be terminated on April 10.

TDAM says the fund is being terminated as it is streamlining the TD Emerald Treasury Management Funds offering. Unitholders may redeem or switch their holdings of the fund for settlement on or prior to the termination date.