TD Asset Management is lowering the risk ratings for three mutual funds.
The amendments will be included in the simplified prospectus to be filed with regulators around Nov. 22, the firm said.
The three funds affected are:
Fund |
Previous risk rating |
New risk rating |
TD Nasdaq Index Fund |
High |
Medium to high |
TD Advantage Balanced Income |
Low to medium |
Low |
TD Comfort Balanced Income |
Low to medium |
Low |