Over 11,000 Funds Now Available through Firm's Mutual Fund Network
NEW YORK, Jan. 30 /PRNewswire-FirstCall/ -- TD Waterhouse Group, Inc.,
today announced it is the first firm to make the Pictet Global Water Fund
available to retail investors through its Mutual Fund Network. The Pictet
Global Water Fund is a unique mutual fund that invests strictly in the water
industry and is offered by Pictet International Management Limited, an
affiliate of Pictet & Cie, one of the oldest private banks in Switzerland.
The addition of this fund brings the total number of funds available to retail
investors through TD Waterhouse's Mutual Fund Network to 11,217.
The Pictet Global Water Fund invests at least 80 percent of its net assets
in the securities of companies in the global water sector including:
water-producing companies, conditioning and desalinization companies,
specialists in waste-water treatment and sewers, sewage-treatment companies,
and firms providing services associated with these activities.
"TD Waterhouse is well-known for providing investors with a wide array of
investment choices that help diversify their portfolios and meet their
financial goals," said Peter Mangan, Chief Operating Officer of Mutual Funds
for TD Waterhouse. "This unique fund is now available exclusively at TD
Waterhouse."
"We are pleased to work with TD Waterhouse to distribute the Pictet Global
Water Fund and look forward to leveraging the Firm's well-established Mutual
Fund Network to grow this fund," said Kevin McLean, Vice President of Pictet.
Pictet International Management Limited (http://www.us.pictetfunds.com), is an
affiliate of Pictet & Cie, the largest private bank in Switzerland. Founded
in 1805, Pictet & Cie has over $115 billion in assets under administration and
is one of the largest independent asset management firms in Europe. The bank
is a partnership owned by eight general partners who have unlimited liability.
TD Waterhouse Group, Inc. provides investors and financial advisors with a
broad range of brokerage, mutual fund, banking and other consumer financial
products on an integrated basis. Worldwide, TD Waterhouse currently services
3.3 million active customer accounts in the United States, Canada, the United
Kingdom and Australia. The firm also has joint ventures in Japan, Luxembourg,
Hong Kong and India to serve investors in those countries. TD Waterhouse can
be found on the Internet at http://www.tdwaterhouse.com and on America Online at
Keyword: TD Waterhouse. TD Waterhouse is a wholly owned subsidiary of TD Bank
(NYSE/TSE: TD) and part of TD Bank Financial Group. Headquartered in Toronto,
Canada, with offices around the world, TD Bank Financial Group offers a full
range of financial products and services to approximately 13 million customers
worldwide. In the U.S., brokerage services provided by TD Waterhouse Investor
Services, Inc. (Member NYSE/SIPC).
SOURCE TD Waterhouse Group, Inc.
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Related links:
http://www.tdwaterhouse.com
CONTACT:
Melissa Fox of TD Waterhouse Group, Inc.,
+1-212-908-3101, melissafox@tdwaterhouse.com
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