TD Asset Management (TDAM) has launched two new alternative investment solutions for accredited investors – the TD Greystone Mortgage and Short Bond Pooled Fund Trust and the TD Emerald Private/Public Debt Pooled Fund Trust.
The funds are available exclusively to TD Wealth Private Wealth Management clients and provide access to TD Greystone Asset Management's (TD Greystone) portfolio investment expertise in alternative assets.
"These funds offer investors the potential benefit of diversification because of their low correlation to the equity market, as well as protection against inflation," says Bruce Cooper, CEO and CIO, TDAM. "This is the first of several investment products that will tap into the extensive experience of both firms to meet the unique investing needs of our Private Wealth Management clients."
The TD Greystone Mortgage and Short Bond Pooled Fund Trust seeks to provide income and preserve capital over the long-term by primarily investing in, or gaining exposure to, a diversified portfolio of Canadian commercial mortgages and fixed income investments.
The TD Emerald Private/Public Debt Pooled Fund Trust seeks to provide income and preserve capital over the long-term by primarily investing in, or gaining exposure to, private and public fixed income securities.
"We are committed to delivering an elevated investing experience for clients by helping them to build wealth and protect what truly matters to them," says Dave Kelly, SVP and Head of Private Wealth Management and Financial Planning, TD Bank Group. "These new funds, led by the expertise of TDAM and TD Greystone, offer an exclusive opportunity for our High Net Worth clients as we can now offer a more holistic approach to how we build and grow client portfolios."
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