TD Asset Management, manager of TD Mutual Funds, is lowering the maximum annual management fees on select series of 45 TD Mutual Funds, effective March 28, 2017.

TD AM is also making changes to its high net worth series (Premium Series, Premium F‑Series, K‑Series and PS‑Series) of certain TD Mutual Funds by either:

  • terminating the series;
  • closing the series to all purchases;
  • closing the series to purchases by new investors; or
  • converting securityholders of a high net worth series to another series which will have the exact same fees and features.

Effective end of business on November 22, 2016, all terminating high net worth series will be closed to purchases and will subsequently be terminated on or about March 28, 2017. All other changes to the high net worth series will be implemented on or about March 28, 2017.

For more on the changes, click here.