TD Waterhouse Institutional Services has reached a deal with T. Rowe Price to sell the T. Rowe Price Advisor Class Funds through its financial advisors, the company announced today.

The deal allows the 3,000 TD Waterhouse financial advisors to choose from ten T. Rowe Price funds for their clients without a transaction fee.

"The ability to access these funds without a transaction fee is a significant benefit for advisors and their clients," said Thomas Bradley, president of TD Waterhouse Institutional Services.

The T. Rowe Price Advisor Class funds include: Blue Chip Growth, Equity Income, Mid-Cap Growth, Science & Technology, International Stock, Small-Cap Stock, Small-Cap Value, Value, High Yield and International Bond. The funds are also sold through Salomon Smith Barney (see MFMN 06/12/2000).

TD Waterhouse Group currently services 3.1 million active accounts worldwide. T. Rowe Price and its affiliates managed $158.6 billion in assets as of June 30.

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