On The Shelf: TD issues new dividend income PPN

By Staff | February 25, 2008 | Last updated on February 25, 2008
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(February 25, 2008) Toronto-Dominion Bank has launched a fresh series of PPNs: the TD Dividend Income Fund-Linked Principal Protected Notes, series 2 and series 2NL (return of capital).

Using a dynamic asset allocation strategy, the notes provide investors with 150% exposure to the TD Dividend Income Fund, which is managed by Doug Warwick and Michael Lough.

The notes are available until April 4, 2008, and will be issued on April 10. They mature April 11, 2016.

(02/25/08)

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The staff of Advisor.ca have been covering news for financial advisors since 1998.