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Institutional Funds
TD Short Term Bond Fund - O Series
Investment Strategy
The Fund uses a disciplined approach that seeks to capture the greatest compensation for a given level of risk. TD Asset Management's active fundamental approach relies on the use of extensive independently researched credit to ensure issuer risk is appropriately characterized, and on the portfolio management team to price the risk through sound yield and credit curve analysis. The strategy seeks to enhance returns beyond the defined benchmark utilizing diverse and tactical sources of added value. This strategy primarily invests in short-term Canadian investment grade bonds and is designed to strive to consistently add incremental value over the long term.
Investment Objective
The Fund's objective is to outperform the FTSE TMX Canada Short Term Overall Bond Index.
Who Should Invest
The Fund is designed for investors seeking to maximize income while preserving investment capital and liquidity.
Click here to view Strategy Overview
Note: For the O-Series units of the Fund, there are no management fees or expenses paid by the fund.
Fund Facts
| Asset Class | Fixed Income |
| Management Philosophy | Active Fundamental |
| Inception Date | May 20, 2005 |
| Benchmark | 100% FTSE Canada Short Term Overall Bond Index |
Downloads
- Prospectus
- TD Mutual Funds Simplified Prospectus
- Annual Reports
- TD Mutual Funds Annual Financial Statements - TD Short Term Bond Fund
- Semi Annual Reports
- TD Mutual Funds Semi-Annual Financial Report - TD Short Term Bond Fund
Details
| NAV($) / Yield (%) | 10.1900 (As of -) |
| Distribution Date | December 16, 2019 |
| Income Distribution | 0.0146 |
| Capital Distribution | 0.0000 |
| Total Distribution | 0.0146 |
| AUM (in millions) | 1,522.42 (As of December 31, 2019) |
| Distribution Frequency | - |
*Rates of return are time-weighted, reflecting income during the period but do not include any deduction for management fees.
Performance
| 1 M | 3 M | YTD | 1 Y | 2 Y | 3 Y | 4 Y | 5 Y | 10 Y | Since Inception | |
| Fund | -0.05 | 0.32 | 3.62 | 3.62 | 2.72 | 1.94 | 1.80 | 2.00 | 2.63 | 3.38 |
| Benchmark | -0.15 | 0.14 | 3.10 | 3.10 | 2.50 | 1.69 | 1.52 | 1.74 | 2.37 | 3.11 |
*Performance as of December 31, 2019. Year To Date - performance based on most recent month-end data.
*Benchmark is 100% FTSE Canada Short Term Overall Bond Index
Note: Fund performance is before fees but after expenses
Yearly Performance
| 2018 | 2017 | 2016 | 2015 | 2014 | |
| Fund | 1.83 | 0.39 | 1.39 | 2.81 | 3.25 |
| Benchmark | 1.91 | 0.08 | 1.01 | 2.61 | 3.06 |