Investing › TD Direct Investing › Investment Types › Mutual Funds › Low Cost Solutions – D-Series

Low Cost Solutions – D-Series

D-Series mutual funds are designed for self-directed investors who want access to professional, cost-effective money management. Making your own investment decisions has its benefits: by choosing a D-Series fund, you pay less for the same mutual funds compared to other series offered by these fund families. In addition, there are no fees to convert or switch to D-Series from another series of the same fund.1

Are you a client? Explore low cost mutual fund solutions by visiting our Mutual Fund centre in the Research section of WebBroker.

Learn more about D-Series mutual funds in WebBroker

Ready to get started?

New client

Get a TD Direct Investing account
in just a few short steps.
Open an account
 

Existing client

Log into WebBroker now.

Login

Frequently asked questions

D-Series mutual funds are a low-cost fund series designed exclusively for self-directed investors. These funds charge a lower management fee due to the reduction in the trailer fee.
Expand Who can invest in D-series?
D-Series funds are available to TD Direct Investing clients.
Expand Are the investment objectives of D-Series the same as other series of the same fund (i.e., Investor Series)?
Yes. The investment objectives, strategies, holdings and management of the funds are the same. The only difference is the lower management fee due to the lower trailer fee on D-Series.
Expand Will the return on D-Series be different from other series of the same fund?
The lower management fee may result in D-Series delivering a slightly better return versus other series of the same fund.
Expand What is the performance track record of D-Series funds?
Performance data becomes available one month after the launch of the fund. For historical performance, refer to the Investor Series fund equivalent.
Expand Can clients switch to D-Series from another series of the same fund?
Yes. A conversion or switch between two series of the same fund can be completed and no transaction fees will apply.
Expand In a non-registered account, are there any tax consequences from converting to D-Series from another series of the same fund, or converting from D-Series to another series of the same fund?
A switch between two series of the same fund will not generally have tax implications, but we recommend consulting with a tax advisor with respect to your specific situation.
Expand Can in-kind transfers of D-Series funds be made to an account that is not self-directed?
No. D-Series funds can only be held in a self-directed account. To transfer a D-Series holding outside of a self-directed account, it will first need to be switched to another series of the same fund, such as Investor Series, before issuing the 'in kind' transfer. Please contact the brokerage you wish to transfer to, in order to confirm their policies.
Expand Can transfers of D-Series holdings be made "in-kind" to another self-directed brokerage?
Yes, as long as the other brokerage will accept the transfer. We recommend you contact the other brokerage to confirm their policies before initiating the transfer. Standard transfer-out fees may apply.
Expand Are the minimum investment amounts different for D-Series versus other series?
Minimum investment amounts for the initial purchase, subsequent purchases and systematic purchase plan minimums, may vary depending on the fund and series. Please refer to the simplified prospectus or Fund Facts document for each D-Series fund to confirm the minimum investment amounts.
Expand Will unit holders of other series of the same fund be automatically converted to D-Series?
No, unit holders will not be automatically converted from other series of the same fund to D-Series. Self-directed clients are responsible for making their own investment decisions.


Important Mutual Fund Information

1 Funds held for less than 30 days are subject to a short-term redemption fee of 1% of redemption value or $45 (whichever is greater) and are in addition to any fee(s) the mutual fund company itself may charge.

The information contained herein has been provided by TD Direct Investing and is for information purposes only. The information has been drawn from sources believed to be reliable. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual's objectives and risk tolerance.

Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the fund facts and prospectus, which contain detailed investment information, before investing. Mutual funds are not guaranteed or insured, their values change frequently and past performance may not be repeated.

TD Mutual Funds and the TD Managed Assets Program portfolios are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank and are available through authorized dealers.

Epoch Investment Partners, Inc. ("Epoch") is a wholly-owned subsidiary of The Toronto-Dominion Bank and an affiliate of TD Asset Management Inc.