TD Mutual Funds also wins top award in Healthcare Equity Fund category
TORONTO, Dec. 3 /CNW/ - The Canadian investment industry honoured TD Bank Financial Group for its commitment to the environment at the 15th annual Canadian Investment Awards held last night in Toronto. TD Mutual Funds was also recognized at the event for its TD Health Sciences Fund.
TD Bank Financial Group was awarded gold in the category, "Green Company Award for Environmental Leadership." Now in its second year, the award recognizes financial services organizations that demonstrate an exceptional commitment to the environment.
"This award is a great acknowledgement of the work we are doing to become an environmental leader in the North American financial sector," says Karen Clarke-Whistler, Chief Environment Officer, TD Bank Financial Group. "We will increasingly see that companies that acknowledge the importance of strong environmental performance will gain competitive advantage."
TD Mutual Funds' TD Health Sciences Fund, managed by TD Asset Management and sub-advised by T Rowe Price Associates, Inc., received the top award in the Healthcare Equity Fund category. This award is granted to a fund that demonstrates excellence in a range of quantitative and qualitative criteria including performance, risk/return profile, fee structure and management quality. In addition, TD Mutual Funds' TD Canadian Bond Fund was named a finalist in the Canadian Fixed Income category.
"It's an honour to be acknowledged by the investment community for one of TD Mutual Funds' longest running sector funds, the TD Health Sciences Fund, and to have the TD Canadian Bond fund named as a finalist in the Canadian fixed income category," says Thomas Dyck, President of TD Mutual Funds. "These recognitions speak to our team of talented portfolio managers and investment professionals who are focused on providing investors with leading solutions for reaching their financial goals."
About TD Asset Management Inc. (TDAM)
Under the TD Mutual Funds name, TDAM provides a diverse range of over 60 mutual funds and 25 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 available at TD Canada Trust branches (through TD Investment Services Inc. representatives), TD Waterhouse Discount Brokerage, Financial Planning and Private Investment Advice, as well as leading investment dealers, independent brokers, advisors and financial planners. As of November 30, 2009, TDAM was the fourth largest mutual fund company in Canada, with $54.6 billion invested in TD Mutual Funds.
About TD Bank Financial Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank Financial Group is the sixth largest bank in North America by branches and serves more than 18 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Insurance; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking, including TD Bank, America's Most Convenient Bank; and Wholesale Banking, including TD Securities. TD Bank Financial Group also ranks among the world's leading online financial services firms, with more than 6 million online customers. TD Bank Financial Group had CDN$557 billion in assets on October 31, 2009. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.
For further information:
Maria Saros Leung, TD Bank Financial Group,