TORONTO, Nov. 15, 2019 /CNW/ - TD Asset Management
Inc. (TDAM), the manager of the TD Mutual Funds, was a winner in
six categories at the 2019 Refinitiv Lipper Awards, held last night
in Toronto. TD U.S. Monthly Income
Fund (C$, Investor Series), TD High Yield Bond Fund (Investor
Series) and TD Tactical Monthly Income Fund (Investor Series) won
in their respective categories. In addition, several other TD
Mutual Funds, sub-advised by T. Rowe
Price, received awards in their respective categories as
leading funds.
"On behalf of the entire investment management team at TDAM, we
are extremely appreciative for this acknowledgement from Lipper,"
said Robert Vanderhooft, Chief
Investment Officer, TDAM. "Being awarded like this is always a
great honour for TDAM and our sub-advisors. The Lipper Awards
reflect our commitment to offering a broad range of solutions to
help meet the diverse needs of our investors, who are at the centre
of everything we do," added Vanderhooft. "It also speaks to
the bench strength of our portfolio managers, all of whom are
dedicated to helping deliver consistent value, stability and growth
across all of our investment products."
Each of the following TD Mutual Funds were recognized for
providing attractive risk-adjusted returns relative to industry
peers, across one or more performance periods:
WINNER
|
CLASSIFICATION
|
NUMBER OF
FUNDS
IN CATEGORY
|
AWARD
PERIOD
|
TD Global
Entertainment &
Communications Fund – Investor Series
|
Global
Equity
|
131
|
10 years
|
|
|
|
|
TD U.S. Monthly
Income Fund C$ –
Investor Series
|
Global Neutral
Balanced
|
134
|
5 years
|
|
|
|
|
TD High Yield Bond
Fund
– Investor Series
|
High Yield Fixed
Income
|
22
|
10 years
|
|
|
|
|
TD Science &
Technology Fund –
Investor Series
|
Sector
Equity
|
16
|
10 years
|
|
|
|
|
TD Tactical Monthly
Income Fund –
Investor Series
|
Tactical
Balanced
|
31
|
5 years
|
|
|
|
|
TD U.S. Mid-Cap
Growth Fund –
Investor Series
|
U.S. Small/Mid
Cap Equity
|
16
|
10 years
|
More information on the Lipper award winning TD Mutual Funds and
the entire TD Mutual Funds line-up can be found on
tdassetmanagement.com.
TD Global Entertainment & Communications Fund – Investor
Series was awarded the 2019 Lipper Fund Award in the Global Equity
category for the year ending July 31,
2019 out of a total of 131 funds. TD U.S. Monthly Income
Fund C$ - Investor Series was awarded the 2019 Lipper Fund Award in
the Global Neutral Balanced category for the year ending
July 31, 2019 out of a total of 134
funds. TD High Yield Bond Fund – Investor Series was awarded the
2019 Lipper Fund Award in the High Yield Fixed Income category for
the year ending July 31, 2019 out of
a total of 22 funds. TD Science & Technology Fund – Investor
Series was awarded the 2019 Lipper Fund Award in the Sector Equity
category for the year ending July 31,
2019 out of a total of 16 funds. TD Tactical Monthly Income
Fund – Investor Series was awarded the 2019 Lipper Fund Award in
the Tactical Balanced category for the year ending July 31, 2019 out of a total of 31 funds. TD U.S.
Mid-Cap Growth Fund – Investor Series was awarded the 2019 Lipper
Fund Award in the U.S. Small/Mid Cap Equity category for the year
ending July 31, 2019 out of a total
of 16 funds.
The Lipper Fund Awards, granted annually, are part of the
Refinitiv Awards for Excellence awarded by Lipper, Inc. and
highlight funds that have excelled in delivering consistently
strong risk-adjusted performance relative to their peers. The
Lipper Fund Awards are based on the Lipper Ratings for Consistent
Return, which is a risk-adjusted performance measure calculated
over 36, 60 and 120-month periods. The highest 20% of funds in each
category are named Lipper Leaders for Consistent Return and receive
a score of 5, the next 20% receive a score of 4, the middle 20% are
scored 3, the next 20% are scored 2 and the lowest 20% are scored
1. The highest Lipper Leader for Consistent Return in each category
wins the Lipper Fund Award. Lipper Leader ratings change monthly.
For more information, see lipperweb.com. Although Lipper makes
reasonable efforts to ensure the accuracy and reliability of the
data contained herein, the accuracy is not guaranteed by Lipper.
Performance for TD Global Entertainment & Communications Fund –
Investor Series for the period ended July
31, 2019 is as follows: 13.0% (1 year), 16.4% (3 years),
16.9% (5 years), 18.7% (10 years) and 12.3% (since inception on
11/28/1997). The corresponding Lipper Leader ratings of the fund
for the same period are as follows: N/A (1 year), 5 (3 years), 5 (5
years), 5 (10 years). Performance for TD U.S. Monthly Income Fund
C$ - Investor Series for the period ended July 31, 2019 is as follows: 8.9% (1 year), 7.3%
(3 years), 9.6 % (5 years), N/A (10 years) and 10.6% (since
inception on 09/13/2013). The corresponding Lipper Leader ratings
of the fund for the same period are as follows: N/A (1 year), 5 (3
years), 5 (5 years), N/A (10 years). Performance for TD High Yield
Bond Fund – Investor Series for the period ended July 31, 2019 is as follows: 2.9% (1 year), 4.7%
(3 years), 4.2% (5 years), 7.7% (10 years) and 4.5% (since
inception on 06/29/1998). The corresponding Lipper Leader ratings
of the fund for the same period are as follows: N/A (1 year), 3 (3
years), 4 (5 years), 5 (10 years). Performance for TD Science &
Technology Fund – Investor Series for the period ended July 31, 2019 is as follows: 5.7% (1 year), 17.3%
(3 years), 20.6% (5 years), 20.8% (10 years) and 9.9% (since
inception on 01/04/1994). The corresponding Lipper Leader ratings
of the fund for the same period are as follows: N/A (1 year), 4 (3
years), 4 (5 years), 5 (10 years). Performance for TD Tactical
Monthly Income Fund – Investor Series for the period ended
July 31, 2019 is as follows: 4.7% (1
year), 5.6% (3 years), 5.3% (5 years), N/A (10 years) and 7.0%
(since inception on 09/12/2012). The corresponding Lipper Leader
ratings of the fund for the same period are as follows: N/A (1
year), 5 (3 years), 4 (5 years), N/A (10 years). Performance for TD
U.S. Mid-Cap Growth Fund – Investor Series for the period ended
July 31, 2019 is as follows: 13.6% (1
year), 14.2% (3 years), 16.8% (5 years), 17.0% (10 years) and 10.7%
(since inception on 01/04/1994). The corresponding Lipper Leader
ratings of the fund for the same period are as follows: N/A (1
year), 5 (3 years), 5 (5 years), 5 (10 years).
About the Lipper Fund Awards
For more than 30 years and in over 20 countries worldwide, the
highly-respected Lipper Fund Awards from Refinitiv have honored
funds and fund management firms that have excelled in providing
consistently strong risk-adjusted performance relative to their
peers and focuses the investment world on top-funds. The merit of
the winners is based on entirely quantitative criteria. This
coupled with the unmatched depth of fund data, results in a unique
level of prestige and ensures the award has lasting value. Renowned
fund data and proprietary methodology is the foundation of this
prestigious award qualification, recognizing excellence in fund
management.
The Lipper Fund Awards, granted annually, highlights funds and
fund companies that have excelled in delivering consistently strong
risk-adjusted performance relative to their peers. The Lipper Fund
Awards are based on the Lipper Leader for Consistent Return rating,
which is a risk-adjusted performance measure calculated over 36, 60
and 120 months. The fund with the highest Lipper Leader for
Consistent Return (Effective Return) value in each eligible
classification per award universe wins the Lipper Fund Award. For
more information, see lipperfundawards.com. Although Lipper makes
reasonable efforts to ensure the accuracy and reliability of the
data contained herein, the accuracy is not guaranteed by
Lipper.
About Refinitiv
Refinitiv is one of the world's
largest providers of financial markets data and infrastructure,
serving over 40,000 institutions in over 190 countries. It provides
leading data and insights, trading platforms, and open data and
technology platforms that connect a thriving global financial
markets community – driving performance in trading, investment,
wealth management, regulatory compliance, market data management,
enterprise risk and fighting financial crime.
About TD Asset Management Inc.
TD Asset Management
(TDAM), a member of TD Bank Group, is a North American investment
management firm. Operating through TD Asset Management Inc. in
Canada and TDAM USA Inc. in the U.S., TDAM brings new thinking
to investors' most important challenges. TDAM offers investment
solutions to corporations, pension funds, endowments, foundations
and individual investors. Additionally, TDAM manages assets on
behalf of almost 2 million retail investors and offers a broadly
diversified suite of investment solutions including mutual funds,
professionally managed portfolios and corporate class funds. Asset
management businesses at TD manage $389
billion in assets as at September 30,
2019. Assets under management include TD Asset Management
Inc., TDAM USA Inc., Epoch
Investment Partners Inc. (Epoch) and TD Greystone Asset Management.
TD Greystone Asset Management represents Greystone Managed
Investments Inc., a wholly-owned subsidiary of Greystone Capital
Management Inc. All entities are wholly-owned subsidiaries of The
Toronto-Dominion Bank.
SOURCE TD Asset Management Inc.