TD Asset Management Inc. (TDAM) announced a change today to the minimum initial investment required to purchase Investor Series units of the TD Premium Money Market Fund. Effective today, the initial purchase minimum requirement for the fund will be reduced from $250,000 to $100,000.

The initial purchase minimum adjustment will allow clients who seek liquid assets combined with a competitive yield an additional avenue of choice in which to diversify their portfolio.

“This product enhancement is designed to provide more options for investors,” said Timothy Pinnington, president, TD Mutual Funds, in a news release.