TORONTO, Nov. 20, 2020 /CNW/ - For the 14th
year in a row, TD Asset Management Inc. (TDAM) was recognized in
the Refinitiv Lipper Awards, with three TD Mutual Funds winning in
their respective categories at the 2020 awards, announced
yesterday.
The TD Mutual Funds, sub-advised by T. Rowe Price – TD Global Entertainment &
Communications Fund, TD Science & Technology Fund and TD U.S.
Mid-Cap Growth Fund (all Investor Series) – received awards in
their respective categories as leading funds.
"Being recognized by Lipper is always a great honour for TDAM
and its sub-advisors," said Robert
Vanderhooft, Chief Investment Officer, TDAM. "These
awards reflect the strong relationship we have enjoyed with T.
Rowe Price over the years, and
TDAM's continuing commitment to deliver a broad range of
innovative, compelling solutions that drive value for clients and
advisors alike," added Vanderhooft. "On behalf of our entire
investment management team at TDAM, we are extremely appreciative
for this acknowledgment."
Each of the following TD Mutual Funds was recognized for
providing attractive risk-adjusted returns relative to industry
peers, across one or more performance periods:
WINNER
|
CLASSIFICATION
|
NUMBER OF FUNDS IN
CATEGORY
|
AWARD
PERIOD
|
TD Global
Entertainment &
Communications Fund – Investor Series
|
Global
Equity
|
139
|
10 Years
|
TD Science &
Technology Fund –
Investor Series
|
Sector
Equity
|
16
|
10 Years
|
TD U.S. Mid-Cap
Growth –
Investor Series
|
U.S. Small/Mid
Cap Equity
|
17
|
10 Years
|
The Lipper Fund Awards, granted annually, highlight funds and
fund companies that have excelled in delivering consistently strong
risk-adjusted performance relative to their peers. The Lipper Fund
Awards are based on the Lipper Leader for Consistent Return rating,
which is a risk-adjusted performance measure calculated over 36, 60
and 120 months. The fund with the highest Lipper Leader for
Consistent Return (Effective Return) value in each eligible
classification per award universe wins the Lipper Fund Award. For
more information, see lipperfundawards.com. Although Lipper
makes reasonable efforts to ensure the accuracy and reliability of
the data contained herein, the accuracy is not guaranteed by
Lipper.
Performance for TD Global Entertainment & Communications
Fund – Investor Series for the period that ended Oct. 31,
2020 is as follows: 44.75% (1 year), 21.26% (3 years), 18.44%
(5 years), 19.17% (10 years) and 13.33% (since inception on
Nov. 28, 1997). The corresponding
Lipper Leader ratings of the fund for the period that ended
July 31, 2020 are as follows: N/A (1
year), 5 (3 years), 5 (5 years), 5 (10 years).
Performance for TD Science & Technology Fund – Investor
Series for the period that ended Oct. 31, 2020 is as
follows: 55.28% (1 year), 19.13% (3 years), 21% (5 years), 23.22%
(10 years) and 11.08% (since inception on Jan. 4, 1994). The corresponding Lipper Leader
ratings of the fund for the period that ended July 31, 2020 are as follows: N/A (1 year), 4 (3
years), 4 (5 years), 5 (10 years).
Performance for TD U.S. Mid-Cap Growth Fund – Investor Series
for the period ended Oct. 31, 2020 is as follows: 11.46%
(1 year), 11.05% (3 years), 11.12% (5 years), 15.30% (10 years) and
10.54% (since inception on Jan. 4,
1994). The corresponding Lipper Leader ratings of the fund for
the period that ended July 31, 2020
are as follows: N/A (1 year), 5 (3 years), 5 (5 years), 5 (10
years).
About the Refinitiv Lipper Fund Awards
For more than 30 years and in over 17 countries worldwide, the
highly-respected Refinitiv Lipper Awards have honoured funds and
fund management firms that have excelled in providing consistently
strong risk-adjusted performance relative to their peers and focus
the investment world on top-funds. The merit of the winners is
based on entirely objective, quantitative criteria. This, coupled
with the unmatched depth of fund data, results in a unique level of
prestige and ensures the award has lasting value. Renowned fund
data and proprietary methodology is the foundation of this
prestigious award qualification, recognizing excellence in fund
management.
About Refinitiv
Refinitiv is one of the world's
largest providers of financial markets data and infrastructure,
serving over 40,000 institutions in approximately 190 countries. It
provides leading data and insights, trading platforms and open data
and technology platforms that connect a thriving global financial
markets community – driving performance in trading, investment,
wealth management, regulatory compliance, market data management,
enterprise risk and fighting financial crime.
About TD Asset Management Inc.
TD Asset Management (TDAM), a member of TD Bank Group, is a North
American investment management firm. Operating through TD Asset
Management Inc. in Canada and TDAM USA Inc. in
the U.S., TDAM brings new thinking to investors' most important
challenges. TDAM offers investment solutions to corporations,
pension funds, endowments, foundations and individual investors.
Additionally, TDAM manages assets on behalf of almost 2 million
retail investors and offers a broadly diversified suite of
investment solutions including mutual funds, professionally managed
portfolios and corporate class funds. Asset management businesses
at TD manage $396 billion in assets as at September
30, 2020. Assets under management include TD Asset Management Inc.,
TDAM USA Inc., Epoch Investment Partners Inc. (Epoch) and
TD Greystone Asset Management. All entities are wholly-owned
subsidiaries of The Toronto-Dominion Bank. Commissions,
trailing commissions, management fees and expenses all may be
associated with mutual fund investments. Please read the fund facts
and prospectus, which contains detailed investment information,
before investing. The indicated rates of return are the historical
annual compounded total returns for the period indicated including
changes in unit value and reinvestment of distributions. The
indicated rates of return do not take into account sales,
redemption, distribution or optional charges or income taxes
payable by any unitholder that would have reduced returns. Mutual
funds are not guaranteed. Their values change frequently. Past
performance may not be repeated.
All trademarks are the property of their respective owners.
SOURCE TD Asset Management Inc.