RBC and TD are alleged to have overcharged clients for a hidden "closet indexing" investment strategy
TD Greystone will assume portfolio advisor responsibilities
Manager launches several series extensions and U.S. dollar purchase options
The new names will take effect on Nov. 20
New funds invest in preferred shares and corporate bonds
The fund manager is renaming five cash flow series options
New indices will bring reduced management fees
Lead portfolio manager Damian Fernandes believes in diversifying across business models
The company will rename its existing suite of cash flow series options to provide better transparency and increase the ease of use of the series
The action against TD Asset Management claims damages of $200 million