TD Asset Management (TDAM), the manager of TD Mutual Funds, has launched five new series on two existing fixed income funds: the TD Canadian Corporate Bond Fund and TD US Corporate Bond Fund.
These funds are designed to meet the needs of investors seeking to generate regular income, and invest in investment grade debt securities issued by Canadian or US corporations and trusts, including mortgage-backed or asset-backed securities, as well as securities issued by Canadian or US governments.
"TDAM is committed to helping our investors meet their most important challenges. Corporate bonds can provide enhanced yields compared to government bonds which is something our investors have been seeking," says Tim Wiggan (pictured), Chief Executive Officer, TDAM.
As one of Canada's largest fixed income teams, TDAM uses extensive independent credit research, stringent security selection, sound yield and credit curve analysis and disciplined portfolio construction to deliver optimal risk-adjusted returns.
"We believe that TDAM is offering these new series of investment solutions at a pivotal time," adds Wiggan. "Investors are dealing with the challenge of producing positive returns in the face of today's volatile financial markets. Yield maximisation and generating income have become a priority for many investors, particularly for those looking to reduce their equity exposure."