TD Asset Management Inc. today announced the launch of a Premium Series for its TD Managed Assets Program (TD MAP) Portfolios, and the expansion of its F series TD Mutual Funds.

TD MAP is a fund-of-funds product that offers investors a wide range of professionally designed and managed portfolios. Under the TD MAP umbrella, the TD Managed Portfolios are composed of funds from the TD Mutual Funds lineup, while the TD FundSmart Managed Portfolios combine TD Mutual Funds with some of Canada’s other leading mutual fund companies. These existing products have combined assets of over $9 billion.

The new Premium Series TD MAP portfolios offer a lower-cost investment alternative for investors making a minimum investment of $250,000. The capped MER for the new Premium Series portfolios is at least 0.50% per year below the capped MER for the existing Investor Series TD MAP portfolios.

“We are pleased to add the new Premium Series portfolios to the TD MAP line-up,” said Tim Pinnington, president, TD Mutual Funds, in a release. “With the introduction of a Premium Series, investors have a more cost-effective alternative to investing and managing a diversified portfolio.”

TD Mutual Funds has also launched 10 new F Series versions of existing TD Funds. The expansion is meant to provide clients with greater choice in meeting their risk tolerance and investment objectives.

“This launch rounds out the TD Mutual Funds F Series product offering and includes some of our more popular funds like the TD Income Advantage Portfolio, the award winning TD Monthly Income Fund and the TD U.S. Small Cap- Equity Fund,” said Pinnington.

For a complete list of launch products, please refer to the company’s news release.