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]

Core Viewpoint - TD Asset Management Inc. announced changes to the risk ratings of certain TD Mutual Funds, effective on or about October 23, 2025, indicating a decrease in risk levels for specific portfolios [1][2]. Risk Rating Changes - The TD Managed Aggressive Growth Portfolio and the TD Managed Aggressive Growth ETF Portfolio will have their risk ratings changed from Medium to Low to Medium [3]. - There are no changes to the investment objectives, strategies, or management of the Funds associated with the new risk ratings [3]. Methodology and Compliance - The risk rating changes are based on the standardized risk classification methodology mandated by the Canadian Securities Administrators (CSA) and the annual review conducted by TDAM [4]. - Detailed information regarding the CSA's risk classification methodology and the Funds' investment objectives and strategies can be found in the TD Mutual Funds Simplified Prospectus [4]. Company Overview - TD Asset Management Inc. is a North American investment management firm that manages assets on behalf of nearly 2 million retail investors and offers a diversified suite of investment solutions [7]. - As of June 30, 2025, TDAM manages $504 billion in assets, operating in Canada and the United States through its affiliate, Epoch Investment Partners, Inc. [7].