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TD Ultra Short Term Bond Fund - Investor Series

Cdn Short Term Fixed Inc

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(04-22-2024)
$8.74
Change
$0.00 (0.00%)

As at March 31, 2024

As at March 31, 2024

Period
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TD Ultra Short Term Bond Fund - Investor Series

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Fund Returns

Inception Return (September 07, 2010): 1.15%

Fund Returns
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 0.47% 1.04% 3.01% 1.04% 4.36% 2.81% 1.41% 1.40% 1.45% 1.53% 1.33% 1.23% 1.15% 1.16%
Benchmark 0.53% 0.45% 4.45% 0.45% 3.64% 2.06% 0.29% 0.89% 1.33% 1.66% 1.39% 1.38% 1.34% 1.59%
Category Average 0.47% 4.40% 4.40% 0.54% 3.84% 1.74% 0.16% 1.11% 1.08% 1.28% 1.05% 1.06% 0.92% 1.04%
Category Rank 149 / 322 79 / 289 253 / 287 79 / 289 118 / 272 80 / 262 39 / 245 110 / 236 101 / 227 112 / 211 95 / 196 104 / 183 93 / 171 95 / 155
Quartile Ranking 2 2 4 2 2 2 1 2 2 3 2 3 3 3

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.44% -0.12% 0.01% 0.36% 0.37% 0.24% 0.48% 0.84% 0.62% 0.20% 0.36% 0.47%
Benchmark 0.41% -0.84% -0.32% -0.08% 0.39% -0.32% 0.78% 1.67% 1.48% -0.13% 0.05% 0.53%

Best Monthly Return Since Inception

0.84% (November 2023)

Worst Monthly Return Since Inception

-0.57% (March 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 0.90% 0.93% 0.40% 0.22% 1.32% 1.91% 2.09% -0.61% -0.59% 4.32%
Benchmark 3.01% 2.56% 0.90% 0.27% 1.89% 2.98% 5.17% -0.92% -3.98% 4.92%
Category Average 1.73% 0.55% 0.85% 0.42% 0.53% 2.93% 4.36% -0.83% -4.45% 4.84%
Quartile Ranking 4 3 4 3 2 4 4 2 1 4
Category Rank 140/ 146 107/ 167 141/ 180 111/ 188 83/ 208 205/ 225 216/ 235 91/ 241 29/ 255 213/ 269

Best Calendar Return (Last 10 years)

4.32% (2023)

Worst Calendar Return (Last 10 years)

-0.61% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 66.93
Canadian Corporate Bonds 26.35
Canadian Government Bonds 5.49
Mortgages 1.23

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 66.93
Fixed Income 33.07

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 65.62
Canada Housing Trust No 1 1.95% 15-Dec-2025 1.89
Royal Bank of Canada 1.94% 01-May-2025 1.69
Canadian Imperial Bank Commrce 2.00% 17-Apr-2025 1.59
General Motors Fncl Canada Ltd 1.70% 09-Jul-2025 1.57
Bank of Nova Scotia 5.50% 29-Dec-2025 1.39
Toronto-Dominion Bank 2.26% 07-Jan-2027 1.36
VW Credit Canada Inc 5.80% 17-Nov-2025 1.33
National Bank of Canada 5.30% 03-Nov-2025 1.32
Federation Csses Desjardins Qc 5.20% 01-Oct-2025 1.32

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: .
Period: 

Risk vs Return (3 Yr)

TD Ultra Short Term Bond Fund - Investor Series

Median

Other - Cdn Short Term Fixed Inc

3 Yr Annualized

Standard Deviation 1.07% 0.90% 0.71%
Beta 0.35% 0.33% 0.32%
Alpha 0.01% 0.01% 0.01%
Rsquared 0.73% 0.72% 0.71%
Sharpe -1.13% -0.54% -0.31%
Sortino -1.54% -1.74% -2.24%
Treynor -0.04% -0.01% -0.01%
Tax Efficiency 44.31% 51.90% 37.18%
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.88% 1.07% 0.90% 0.71%
Beta 0.32% 0.35% 0.33% 0.32%
Alpha 0.03% 0.01% 0.01% 0.01%
Rsquared 0.88% 0.73% 0.72% 0.71%
Sharpe -0.52% -1.13% -0.54% -0.31%
Sortino 2.92% -1.54% -1.74% -2.24%
Treynor -0.01% -0.04% -0.01% -0.01%
Tax Efficiency 73.42% 44.31% 51.90% 37.18%

Fund Details

Start Date September 07, 2010
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $162

Fund Codes

FundServ Code Load Code Sales Status
TDB2030

Investment Objectives

The fundamental investment objective is to seek to maximize income while simultaneously preserving investment capital and liquidity primarily by investing in debt obligations issued or guaranteed by the Canadian federal or provincial governments or any agency of such governments, debt obligations of Schedule I Canadian chartered banks, debt obligations of loan or trust companies and debt obligations of corporations and trusts.

Investment Strategy

The portfolio adviser seeks to achieve the fundamental investment objective of the Fund by focusing on the Canadian corporate debt market as well as global macroeconomic trends. The portfolio adviser believes a bottom-up strategy using diligent credit analysis will add value and enhance long-term performance and at the same time reduce risk. Generally, the Fund employs a “buy-and-hold” strategy.

Portfolio Manager(s)

Name Start Date
Elaine Lindhorst 06-12-2013
Lauren Bellai 03-07-2016

Management and Organization

Fund Manager TD Asset Management Inc.
Advisor TD Asset Management Inc.
Custodian CIBC Mellon Trust Company
Registrar The Toronto-Dominion Bank
Distributor TD Investment Services Inc
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 0.60%
Management Fee 1.00%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.50%
Trailer Fee Max (LL) -

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