TD Asset Management Inc. Announces Name Changes to Funds Sub-advised by Epoch and Risk Rating Change to the TD U.S. Equity Currency Neutral Portfolio

TORONTO, July 17, 2014 /CNW/ - TD Asset Management Inc. (TDAM), the manager of TD Mutual Funds, announced today that effective on or about July 24, 2014, six TD Mutual Funds for which Epoch Investment Partners, Inc. (Epoch) is a portfolio adviser, will be changing their names:

The following two classes, which have exposure to an Epoch investment strategy, will also be changing their names:

Epoch, an affiliate of TDAM, has expertise in managing U.S. and Global equities. This change will make it even easier for Advisors to identify mandates managed by Epoch and, in turn, access Epoch's distinct investment approach.

There will be no change to these mandates' investment objectives.

Risk Rating Change to TD U.S. Equity Currency Neutral Portfolio
TDAM also announced that it will be changing the risk rating of the TD U.S. Equity Currency Neutral Portfolio (the "Fund") from "medium" to "medium to high", following its annual risk rating review. The risk rating change is consistent with TDAM's risk classification methodology which is informed by the guidelines set out by the Investment Funds Institute of Canada. A summary of TDAM's risk classification methodology can be found in the Fund's simplified prospectus available at tdassetmanagement.com.

No changes have been made to the investment objectives, strategies or management of the Fund, as set out in the updated simplified prospectus. Unitholders of the Fund will be contacted directly with details of the change to the Fund's risk rating.

About TD Asset Management Inc.
TDAM offers a diverse range of over 120 investment solutions including mutual funds, professionally managed portfolios and corporate class funds. TDAM manages retail mutual fund assets on behalf of more than 1.9 million investors and offers 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 Direct Investing, TD Wealth Financial Planning and TD Wealth Private Investment Advice, as well as leading investment dealers, independent brokers, advisors and financial planners. As of June 30, 2014, TDAM was the fourth largest mutual fund company in Canada, with CDN$90 billion invested in TD Mutual Funds (Source: IFIC).

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SOURCE: TD Asset Management Inc.