The fund seeks to provide long-term income and capital growth through exposure to real-estate and infrastructure investments
TD Asset Management (TDAM) has added to its suite of alternative investment solutions for accredited investors.
The TD Greystone Real Asset Pooled Fund Trust, offered exclusively through TD Wealth Private Wealth Management, has joined two other alternative strategies: the TD Greystone Mortgage and Short Bond Pooled Fund Trust, as well as the TD Emerald Private/Public Debt Pooled Fund Trust.
“We live in a challenging investing world, with very low interest rates, low yields, and increasing volatility,” said TDAM Chief Investment Officer Rob Vanderhooft. “It's more important than ever to look for new and innovative solutions to help drive value for clients.”
The latest offering from TDAM seeks to provide investors with income and capital growth over the long term. Available to accredited investors, the fund seeks to do this by primarily investing in, or gaining exposure to, a diversified portfolio of Canadian and global real estate and infrastructure investments, as well as publicly traded securities.
“We are pleased to bring to market the second of our two retail-focused TD Greystone Funds for our accredited high-net-worth clients,” said Dave Kelly, senior vice president and head of Private Wealth Management and Financial Planning. “We continue to focus on evolving our products and services to help meet the changing needs of our clients, deliver value and help them achieve their investment goals.”
The fund is managed by TD Greystone Asset Management, a Regina-based institutional money manager that also has offices in Toronto, Winnipeg, and Hong Kong. The company was borne out of TD’s acquisition of Greystone Managed Investments last year.