Under the TD Mutual Funds name, TD Asset Management Inc. (TDAM) provides a diverse range of over 60 mutual funds and 20 professionally managed portfolios. TDAM manages retail mutual fund assets on behalf of more than 1.4 million investors and TD Mutual Funds is one of the most broadly diversified fund families in Canada. Funds are sold through the TD Canada Trust Branch network, through TD Waterhouse Discount Brokerage, Financial Planning and Investment Advice, as well as leading investment dealers, independent brokers and financial planners. As of December 31, 2008, TDAM is the fourth largest mutual fund company in Canada, with approximately $46.8 billion invested in the Funds.

Underpinning TDAM is a dedicated team of internal investment professionals operating in two primary investment management businesses. TD Investment Managers are required to adhere to the AIMR Standards of Practice, the Bank's Code of Conduct and the Bank's Privacy Code.

Portfolio Management and Research (PMR) has responsibility for the investment management function for the majority of TD Mutual Funds. Fixed income and equity securities, both domestic and foreign, are managed. Investment strategies are "active" and based on fundamental analysis and research of companies, industries and global economic trends.

TD Quantitative Capital, is a division of TD Asset Management Inc., a wholly-owned subsidiary of the Toronto-Dominion Bank ("TD Bank"), is Canada's leader in providing indexed and quantitative solutions to Canadian clients. TDQC manages portfolios for pension funds, group RRSPs and other savings plans, as well as for endowments and foundations.

Lending expertise in international and specialized market segments for several TD Mutual Funds are some of the world's top money managers, including T. Rowe Price Associates, Inc., and Morgan Stanley Investment Management Inc., OppenheimerFunds Inc., AllianceBernstein Canada Inc., McLean Budden Ltd., Connor, Clark & Lunn Investment Management Ltd., Martin Currie Investment Management Ltd., and Jarislowsky Fraser Ltd.

TD Mutual Funds are offered by TD Asset Management Inc. ("TDAM"), a wholly-owned subsidiary of The Toronto-Dominion Bank ("TD Bank"). TD Investment Services Inc. is the principal distributor of TD Mutual Funds.