TD Asset Management (TDAM), the manager of TD Mutual Funds, announced Sept. 12 the launch of a new U.S. equity fund, as well as a North American small-cap equity fund.
Managed by TDAM portfolio manager, David Sykes, the new TD U.S. Dividend Growth Fund is modelled after Sykes' mandate of investing in successful, dividend-paying companies.
"Deliver income and capital growth"
"The new TD U.S. Dividend Growth Fund seeks to deliver income and capital growth and is made up of some of the most profitable and distinguished U.S. companies," says David Sykes, Managing Director, TDAM. "Stocks for this fund will be meticulously selected, with a focus on companies that have a sustainable competitive advantage and grow free cash flow. Additionally, the Fund's reinvested dividends can act as a portfolio buffer in volatile market conditions. All these qualities can help manage volatility while aiming to maximize performance."
TD North American Small-Cap Equity Fund
The new TD North American Small-Cap Equity Fund, managed by Jean Masson, offers investors access to small and medium-sized North American companies expected to deliver enhanced, long-term returns.
"The TD North American Small-Cap Equity Fund focuses specifically on small-cap stocks from Canada and the U.S. with a proven track record of steady growth, along with companies that have made efficient use of their capital," says Jean Masson, Managing Director, TDAM. "With a risk-adjusted focus, the fund can provide broad portfolio diversification for investors, while seeking to maximize returns."
In addition to the new funds, TDAM also announced the TD U.S. Money Market Fund will offer Private Series and F-Series units.