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MD Short-Term Bond Fund Series A
Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
FundGrade C
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|
NAVPS (10-23-2026) |
$10.06 |
|---|---|
| Change |
-$0.02
(-0.20%)
|
As at September 30, 2026
As at September 30, 2026
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Legend
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Fund Returns
Inception Return (October 01, 1995): 3.05%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | -0.90% | -1.45% | -0.30% | -0.30% | -0.10% | 1.74% | 4.19% | 3.49% | 1.45% | 1.13% | 1.57% | 1.84% | 1.64% | 1.38% |
| Benchmark | -0.65% | -0.92% | 0.18% | 0.48% | 0.81% | 2.44% | 4.65% | 3.84% | 2.03% | 1.68% | 2.13% | 2.39% | 2.22% | 1.93% |
| Category Average | -0.58% | -0.77% | 0.20% | 0.35% | 0.61% | 2.03% | 4.20% | 3.55% | 1.68% | 1.47% | 1.78% | 1.95% | 1.78% | 1.56% |
| Category Rank | 306 / 310 | 305 / 308 | 293 / 299 | 285 / 293 | 271 / 289 | 220 / 251 | 146 / 217 | 137 / 203 | 145 / 190 | 139 / 181 | 134 / 176 | 119 / 165 | 116 / 156 | 105 / 143 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.37% | 0.09% | -0.26% | 0.39% | 0.74% | -1.13% | 0.15% | 0.69% | 0.32% | -0.59% | 0.04% | -0.90% |
| Benchmark | 0.38% | 0.22% | -0.27% | 0.45% | 0.74% | -0.88% | 0.04% | 0.74% | 0.32% | -0.36% | 0.09% | -0.65% |
Best Monthly Return Since Inception
2.37% (September 1998)
Worst Monthly Return Since Inception
-1.64% (March 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.87% | -0.11% | 0.71% | 2.89% | 4.84% | -1.64% | -4.96% | 4.77% | 5.42% | 3.36% |
| Benchmark | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% | 3.77% |
| Category Average | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% | 3.22% |
| Quartile Ranking | 3 | 3 | 4 | 3 | 3 | 4 | 4 | 3 | 3 | 3 |
| Category Rank | 77/ 139 | 98/ 143 | 120/ 159 | 91/ 166 | 95/ 176 | 151/ 182 | 150/ 191 | 125/ 203 | 134/ 220 | 160/ 257 |
Best Calendar Return (Last 10 years)
5.42% (2024)
Worst Calendar Return (Last 10 years)
-4.96% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 56.38 |
| Canadian Government Bonds | 19.60 |
| Cash and Equivalents | 9.54 |
| Foreign Corporate Bonds | 7.51 |
| Foreign Government Bonds | 3.64 |
| Other | 3.33 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 90.03 |
| Cash and Cash Equivalent | 9.54 |
| Technology | 0.04 |
| Industrial Goods | 0.03 |
| Financial Services | 0.02 |
| Other | 0.34 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 92.72 |
| Asia | 1.21 |
| Europe | 0.84 |
| Latin America | 0.15 |
| Other | 5.08 |
Top Holdings
| Name | Percent |
|---|---|
| CANADIAN DOLLAR | 8.60 |
| Canada Government 2.75% 01-Mar-2031 | 5.72 |
| ONTARIO (PROVINCE OF) 3.00% 08-Sep-2031 | 2.91 |
| Canada Housing Trust No 1 3.95% 15-Jun-2028 | 2.71 |
| Quebec Province 1.90% 01-Sep-2030 | 1.46 |
| Toronto-Dominion Bank 3.84% 29-May-2030 | 1.45 |
| Canada Government 3.25% 01-Dec-2035 | 1.44 |
| Ontario Province 2.15% 02-Jun-2031 | 1.29 |
| CPPIB CAPITAL INC 3.20% 02-Jun-2031 | 1.17 |
| ROYAL BANK OF CANADA 3.83% 27-Mar-2030 | 1.14 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
MD Short-Term Bond Fund Series A
Median
Other - Cdn Short Term Fixed Inc
3 Yr Annualized
| Standard Deviation | 2.30% | 2.75% | 2.24% |
|---|---|---|---|
| Beta | 1.13 | 1.10 | 1.07 |
| Alpha | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.97% | 0.95% | 0.91% |
| Sharpe | 0.37 | -0.57 | -0.25 |
| Sortino | 0.82 | -0.69 | -0.88 |
| Treynor | 0.01 | -0.01 | -0.01 |
| Tax Efficiency | 65.67% | 16.72% | 23.54% |
| Volatility |
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.08% | 2.30% | 2.75% | 2.24% |
| Beta | 1.15 | 1.13 | 1.10 | 1.07 |
| Alpha | -0.01 | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.98% | 0.97% | 0.95% | 0.91% |
| Sharpe | -1.11 | 0.37 | -0.57 | -0.25 |
| Sortino | -1.49 | 0.82 | -0.69 | -0.88 |
| Treynor | -0.02 | 0.01 | -0.01 | -0.01 |
| Tax Efficiency | - | 65.67% | 16.72% | 23.54% |
Fund Details
| Start Date | October 01, 1995 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Restricted |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $13 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MDM030 | NL | Restricted |
Investment Objectives
The Fund's objectives are to conserve capital and produce income. The Fund invests in a variety of Government of Canada, provincial or municipal government bonds, corporate bonds, bonds of government backed crown corporations, National Housing Association (NHA) mortgages, conventional residential mortgages and NHA backed mortgages. The Fund may also invest in foreign securities.
Investment Strategy
The Fund employs an active, multiple sub-adviser approach seeking to provide capital preservation, as well as elevated income. Using the unique strengths of each sub-adviser, the Fund seeks to deliver excess return (compared to the benchmark) via a combination of income and capital gain, as well as, diversified risk exposures.
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P. |
|---|---|
| Sub-Advisor |
Manulife Investment Management (Hong Kong) Limited 1832 Asset Management L.P. Manulife Investment Management (US) LLC Manulife Investment Management Limited |
Management and Organization
| Fund Manager |
MD Financial Management Inc. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
MD Financial Management Inc. |
| Distributor |
MD Management Limited |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 3,000 |
| PAC Subsequent | 1,000 |
| SWP Allowed | Yes |
| SWP Min Balance | 1,000 |
| SWP Min Withdrawal | 0 |
Fees
| MER | 1.00% |
|---|---|
| Management Fee | 0.84% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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