TD Lancaster Investment Counsel (“Lancaster”) is a member of TD Asset Management Inc. (“TDAM”). TDAM is a wholly owned subsidiary of The Toronto-Dominion Bank (“TD Bank”). TD Bank, one of the five largest banks in Canada, is a widely owned public corporation and one of the highest-rated financial institutions in North America. TD Bank has assets in excess of $275 Billion, with 50,000 employees in offices around the world.

TDAM was formed in 1987 when the Bank Act was changed to permit Canadian Chartered banks to manage third-party funds for the first time. We began managing TD Bank’s retail Green Line Mutual Funds in 1988, adding institutional management capabilities in 1991. This institutional capability was further enhanced by the purchases of Lancaster Investment Counsel in 1995 and divisions of AMI Partners in 1996. In addition, the TD Bank has been managing its own pension fund and investment portfolio for decades, a responsibility now carried out by TDAM. In total, TDAM manages in excess of $120 Billion of assets.

TDAM offers investment management and advisory services to governments, pension funds, capital accumulation funds, endowments, foundations, corporations and individuals, on both a pooled and segregated basis. We offer both active and passive styles of management for all asset types.

Our team of investment professionals brings a breadth and depth of experience to the investment management process, allowing us to provide consistently strong returns to our clients. Lancaster currently manages in excess of $8.0 Billion of assets for institutional clients. We invest in Canadian equities, bonds, money market and, through our affiliate, TD Quantitative Capital, global equities. We manage corporate, pension, trust and public funds. Of the above total, over $4.0 Billion is invested in money market securities.

We provide pooled funds for Balanced, Canadian Equity, Bond and Money Market clients as well as segregated portfolios. We provide fully discretionary active management, as well as strategies that address asset/liability matching, immunization, cash flow matching, capital tax and other unique investment needs.

The two principals and one consultant of Lancaster have over 75 years of combined investment experience; two hold Chartered Financial Analyst designations. In addition to the administrative support provided by the TD Bank, we also have access to the extensive corporate and economic analysis and credit quality evaluation done by the professionals of TDAM.