Fees and Compensation — Form ADV Part 2A (4/1/2019)
[Brochure]
Item 5 – Fees and Compensation
TD Greystone receives a management fee from clients, which is detailed in each investment management
agreement. Fee structures may vary among and within the investment strategies TD Greystone offers.
In the case of private funds that may be organized in the future and will be marketed primarily to U.S.
investors, it is anticipated that management fees will be charged at the fund level. The rate at which such
fees are charged and the manner in which the fees are determined will be described in the offering
documents prepared for such funds.
As a general matter, fees are payable monthly or quarterly in arrears as of the last day of each calendar
month or quarter based on the period market value or the average value for the relevant period and are
deducted directly from the investor’s capital account or paid independently.
In addition to the fees described above, Clients may bear other costs associated with investments or
accounts including but not limited to: (i) custodial charges, brokerage fees, commissions, and other costs
and expenses related to the purchase, sale or transmittal of assets (including trade tickets); (ii) interest
expense; (iii) taxes, duties and other governmental charges; (iv) transfer and registration fees or similar
expenses; (v) costs associated with foreign exchange transactions; (vi) valuation expenses; (vii) legal, fund
administration and audit/accounting expenses (including third party accounting services or other third
party administrative services); (viii) recordkeeping expenses; (ix) distribution expenses and (x) other
portfolio expenses.
For an additional discussion regarding brokerage fees, commissions and other related transactions costs
and expenses, please refer to Item 12 – Brokerage Practices.
Account Minimums and Types of Clients — Form ADV Part 2A (4/1/2019)
[Brochure]
Item 7 – Types of Clients
TD Greystone’s Clients consist of pooled investment vehicles intended for sophisticated and institutional
investors, pension funds, government organizations, charitable organizations, foundations and trusts,
health care organizations, universities, insurance companies, employee and professional associations,
non-profit organizations and U.S. registered investment companies in a sub-advisory capacity.
TD Greystone’s minimum account size is approximately $5 million, subject to a waiver of such minimum,
in TD Greystone’s full discretion. Investors may be required to meet certain suitability and net worth
qualifications such as being : (i) “accredited investors”, as defined in Rule 501 under Regulation D
promulgated under the Securities Act of 1933; and (ii) “qualified purchasers” or “knowledgeable
employees”, as defined in the Investment Company Act of 1940 and the rules promulgated thereunder.