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TD Select Short Term Corporate Bond Ladder ETF
ETF
Currency
CAD
Ticker symbol
TCSB
Closing price/unit
as of
Apr 16, 2026
$14.80
Value decreased -$0.02 (-0.14%)
Key documents
Fund Overview
Fund Objectives
TD Select Short Term Corporate Bond Ladder ETF seeks to earn a high rate of interest while preserving capital through exposure to the performance of a diversified portfolio of primarily investment-grade Canadian corporate bonds, divided (“laddered”) into five groupings with staggered maturities from approximately one to five years. The TD ETF may also seek added value from non-Canadian and/or non-investment-grade debt instruments to enhance total return.
Investment Approach
The TD Select Short Term Corporate Bond Ladder ETF will invest primarily in investment-grade Canadian corporate bonds denominated in Canadian dollars. In addition, the TD ETF may invest in non-investment-grade bonds denominated in Canadian or US dollars. The portfolio manager seeks to substantially hedge the TD ETF’s foreign currency exposure to the Canadian dollar. The portfolio manager will use fundamental credit research and quantitative screens to narrow the universe of Canadian dollar-denominated corporate bonds rated BBB or higher to create a "selection universe". The selection universe will be divided up into five term groupings of bonds maturing from 0-1.49 years, 1.5-2.49 years, 2.5-3.49 years, 3.5-4.49 years and 4.5-5.5 years. Bonds will usually remain in their term group until the next reconstitution date, done quarterly. Each term grouping is expected to represent approximately 20% of the TD ETF and bonds from the selection universe will be selected for each term grouping by yield, subject to the portfolio manager’s discretion, on an approximately equally weighted basis. The TD ETF may invest in non-investment-grade bonds with terms to maturity up to 5.5 years, rated B or higher at the time of purchase, to an extent that will vary from time to time but is not typically expected to exceed 25% of its assets. Investments in non-investment-grade bonds will be integrated into the term groupings such that each term grouping continues to represent approximately 20% of the overall TD ETF. The proportion of investment-grade to non-investment-grade bonds may differ from term grouping to term grouping. The TD ETF may invest in foreign securities to an extent that will vary from time to time but is not typically expected to exceed 25% of its assets, in the aggregate (including investment-grade and non-investment-grade bonds), at the time that foreign securities are purchased.
Key Facts
Portfolio Adviser
TD Asset Management Inc.
Category
Canadian Corporate Fixed Income
Benchmark
FTSE Canada Short Term Corporate Bond Index
Max Mgmt Fee (%)
0.25
Total Fund Assets (Millions)**
(updated monthly) $721.29
Asset Class
Fixed Income
Eligibility for Registered Plans
Yes
Distribution Frequency
Monthly
Ex-Dividend Date
Mar 30, 2026
Record Date
Mar 30, 2026
Pay Date
Apr 7, 2026
Daily Volume
(updated daily) 34,141
Units Outstanding
(updated daily) 48,750,000
Performance Overview
Historical Performance
Performance as of Mar 31, 2026
Inception Date: Nov 8, 2018
Calendar Performance
Performance as of Mar 31, 2026
Protfolio Anyalsis
Asset mix
Fund documents and Resources
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Portfolio Managers
Vice President & Director, Lead, Investment Grade Credit Portfolio Management, TDAM