TD Asset Management is changing the investment strategy of its Canadian Low Volatility Pool, effective July 24, 2014.
From that date, the pool will increase its maximum exposure to foreign securities from the current level of 5% to 30% of its assets—total foreign securities exposure is calculated at the time that the securities are purchased. No changes have been made to the investment objectives of the pool.
Read: Should clients invest in emerging markets?
This change provides TD AM with the flexibility to obtain greater exposure to global opportunities, while maintaining its Canadian focus. The pool is available for purchase exclusively by TD Mutual Funds so it isn’t directly available to individual investors.
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