TD Asset Management Launches Retail-Focused Alt Fund
TD Asset Management Inc. has added the TD Greystone Real Asset Pooled Fund Trust to its existing suite of alternative investment solutions for accredited investors.
TD Asset Management Inc. has added the TD Greystone Real Asset Pooled Fund Trust to its existing suite of alternative investment solutions for accredited investors.
The fund joins the TD Greystone Mortgage and Short Bond Pooled Fund Trust and the TD Emerald Private / Public Debt Pooled Fund Trust, which launched earlier this year through TD Wealth Private Wealth Management.
The TD Greystone Real Asset Pooled Fund Trust plans to primarily invest in, or gain exposure to, a diversified portfolio of Canadian and global real estate and infrastructure investments, as well as publicly traded securities.
“We live in a challenging investing world, with very low interest rates, low yields, and increasing volatility. It’s more important than ever to look for new and innovative solutions to help drive value for clients,” said Rob Vanderhooft, chief investment officer of TD Asset Management.
He added, “We believe that alternative asset classes, such as real estate, mortgages and infrastructure, can be a source of accretive returns with the potential to enhance portfolio diversification, particularly in environments where inflationary pressures start to pick up. Real assets tend to have a lower correlation to other asset classes and can provide investors with a stable and predictable income stream along with capital growth.”
TD Asset Management manages assets on behalf of almost 2 million retail investors and offers a suite of investment solutions that include mutual funds, professionally managed portfolios and corporate class funds. Asset management businesses at TD manage $391 billion in assets as at June 30, 2019.
