Portfolio-management changes at TDAM

TD Asset Management Inc. (TDAM), portfolio manager of TD Private Funds and TD Mutual Funds, has announced portfolio-management changes to four of its funds. Effective on or about May 15, 2013, New York-based Epoch Investment Partners Inc. will assume portfolio-advisory responsibilities for TD Private U.S. Blue Chip Equity Fund and TD Private U.S. Blue Chip Equity Currency-Neutral Fund. In addition, Epoch will assume portfolio-advisory responsibilities for TD Global Growth Fund on or about April 29, 2013; and for TD U.S. Large-Cap Value Fund on or about May 9, 2013. There will be no change to the funds’ investment objectives. However, the investment strategies of the funds will change to include Epoch’s philosophy of investing in companies that have the ability to generate free cash flow and effectively allocate capital, which Epoch believes represents the best predictor of long-term shareholder return. Epoch’s appointment as portfolio advisor follows the recently completed acquisition of Epoch Holding Corp. by Toronto-Dominion Bank (TDAM’s corporate parent) on March 27.

cohara@investmentexecutive.com