TD Asset Management Inc. announced plans to terminate the operations of three mutual funds. Effective February 6, 2008, the funds will cease offering units for purchase and will be terminated on or about April 11, 2008.

The company says the decision to terminate the Funds is due to a low number of unit holders and the associated costs of maintaining smaller funds. The funds that will be terminated are:

TD U.S. Blue Chip Equity Currency Neutral Fund
TD U.S. Mid-Cap Growth Currency Neutral Fund
TD U.S. Small-Cap Equity Currency Neutral Fund

According to TD, unitholders may redeem or switch their holdings in the funds for settlement on or prior to the termination date. As at April 11, 2008, the company will liquidate the holdings of the terminating funds at fair market value, determine distributions and distribute the net assets to unitholders.

Unitholders will not be required to pay any redemption fees, sales charges or other fees associated with the termination of the Funds. All costs associated with the termination of the funds will be borne by TD Asset Management.