TD Asset Management Inc. announces management fee reductions for certain TD Mutual Funds - Toronto-Dominion Bank (NYSE:TD)

Core Points - TD Asset Management Inc. announced management fee reductions for certain TD Mutual Funds effective on or about November 20, 2025 [1][4] - The fee reductions aim to enhance value for investors and support their long-term financial goals by allowing more savings to remain invested [2][4] Fee Reductions - Management fees for the TD Ultra Short Term Bond Fund will be reduced from 1.00% to 0.50% for Advisor and Investor Series, and from 0.45% to 0.25% for D-Series and F-Series [4] - The TD Short Term Bond Fund will see reductions from 0.50% to 0.35% for F-Series, and from 0.90% to 0.85% for Premium Series, with Institutional Series dropping from 0.40% to 0.25% [4] - The TD Canadian Corporate Bond Fund and TD U.S. Corporate Bond Fund will have their management fees reduced from 1.10% to 0.90% for Advisor and Investor Series, and from 0.60% to 0.40% for D-Series and F-Series [4] Company Overview - TD Asset Management Inc. is a North American investment management firm and a wholly-owned subsidiary of The Toronto-Dominion Bank, managing assets on behalf of nearly 2 million retail investors [7] - The firm offers a diverse range of investment solutions, including mutual funds and managed portfolios, with total assets under management amounting to $527 billion as of September 30, 2025 [7]