TD Asset Management Inc. Announces Changes to the Sales Charge Options Available for Certain Series of Select TD Mutual Funds and Managed Portfolios
Published: July 23, 2026
TORONTO, July 23, 2026 - TD Asset Management Inc. ("TDAM"), the manager of the TD Mutual Funds and TD Managed Assets Program ("TD MAP") Portfolios (collectively, the "Funds"), today announced changes to the sales charge options available for certain series of select Funds, as outlined below. These changes remove legacy sales charge structures and create a more transparent, no-load pricing model. No action is required by unitholders because of these changes.
Deferred Sales Charge Conversion
Effective on or about September 11, 2026 (the "Effective Date"), TDAM will convert all deferred sales charge options (including DSC, LSC and LSC2) of the Advisor Series, T5 series, and T8 Series of applicable Funds to the initial sales charge (ISC) purchase option of the same series of the Funds. A complete list of impacted Funds is available here.
Elimination of Initial Sales Charge Purchase Option
As at the Effective Date, TDAM will eliminate the ability for dealers to charge clients an initial sales charge on purchases of the ISC purchase option of all TD Mutual Funds and TD MAP Portfolios.
Upon implementation of the above noted changes, the ISC, DSC, LSC, and LSC2 purchase options will cease to exist, and the Advisor Series, T5 Series and T8 Series will transition to a no-load sales charge structure.
What this means for Investors
These changes are designed to simplify the way investors access TD Mutual Funds and TD MAP Portfolios.
- Seamless conversion: Existing investments in deferred sales charge options will automatically convert to the equivalent no-load option. The conversion will not result in a taxable disposition for the purposes of the Income Tax Act (Canada).
- Fund Management fees and administration fees, and trailing commissions will not change as part of this conversion
- No action required: Investors do not need to take any steps because of these changes
For more information regarding TD Mutual Funds, visit TDAssetManagement.com.
本文所含信息由道明资产管理有限公司提供，仅供参考。信息出自我们认为可靠的来源。本信息并未提供财务、法律、税务或投资建议。具体的投资、税款或交易策略应根据每位投资者的目标和风险承受能力加以评估。
进行互惠基金投资可能需要负担相关佣金、尾随佣金、管理费以及支出。 Please read the Fund Facts and prospectus, which contain detailed investment information, before investing.互惠基金不受到保证或保险，其价值经常变动，而且过往表现可能无法再现。互惠基金策略和当前所持资产可能会有变动。
Available on a no-load basis through TD Investment Services Inc. (principal distributor), TD Waterhouse Canada Inc. and independent dealers. Trailing commissions, management fees and expenses may be payable on a no-load fund.
道明互惠基金和道明资产管理计划投资组合由道明银行 (Toronto-Dominion Bank) 全资子公司道明资产管理有限公司 (TD Asset Management Inc.) 管理，并通过授权经销商销售。
® TD标志和其他TD商标为道明银行或其子公司的产权。
About TD Asset Management Inc.
TD Asset Management Inc. ("TDAM"), a member of TD Bank Group, is a Canadian investment management firm with a growing global presence. Bringing together three decades of investment experience, our broad selection of strategies and solutions includes fundamental equities, quantitative and passive equities, fixed income across the credit quality spectrum and alternatives, such as private credit, infrastructure and real estate. TDAM offers institutional investment solutions to corporations, pension funds, endowments and foundations, sovereign wealth funds and superannuation funds, among others. Additionally, TDAM manages assets on behalf of millions of retail investors and offers a broadly diversified suite of investment solutions including mutual funds, exchange-traded funds and professionally managed portfolios. Asset management businesses at TD manage $532 billion in assets. Aggregate statistics as at March 31, 2026 for TDAM and Epoch Investment Partners, Inc. TDAM operates in Canada and Epoch Investment Partners, Inc. operates in the United States. Both entities are affiliates and are wholly-owned subsidiaries of The Toronto-Dominion Bank. For more information, visit tdam.com.
SOURCE: TD Asset Management Inc.