New Products
TD Waterhouse Launches Two New Funds
The discretionary money management unit of Toronto-Dominion Bank, TD Waterhouse Private Investment Counsel, has launched two TD Private Target Return funds.
Chief portfolio strategist at TD Waterhouse Bob Gorman said: “We’re trying to deliver positive returns regardless of the market environment.”
The TD Private Target Return fund is aiming for absolute returns equal to Canadian Treasury Bill returns plus 3 per cent, the TD Private Target Return Plus fund for Treasury Bill returns plus 5 per cent.
