TIFF Short-Term Fund
Data updated: 2021-05-25
C000017544 — TIFF Short-Term Fund. Money Market · $70.57M AUM · 0.25% expense ratio · -0.2% 1-yr return. Holdings, fees, performance and SEC filings.
C000017544 Fund Overview
TIFF Short-Term Fund is a US mutual fund managed by Tiff Investment Program, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Tiff Investment Program
- Category: Money Market
- Assets under management: $70.57M
- 1-year return: -0.2%
- SEC CIK: 0000916622
- SEC series ID: S000006388
- Share class ID: C000017544
C000017544 Investment Objective and Strategy
TIFF Short-Term Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tiff Investment Program.
Investment objective
The funds investment objective is to attain as high a rate of current income as is consistent with ensuring that the funds risk of principal loss does not exceed that of a portfolio invested in US 6-month Treasury bills. The funds performance objective (which is non-fundamental) is, over a majority of market cycles, to track as closely as possible, gross of fees and expenses, the BofA Merrill Lynch US 6-Month Treasury Bill Index.
Principal investment strategy
The fund invests principally in securities issued by the US Government, its agencies, or its instrumentalities. The funds duration generally will not differ from the benchmarks duration by more than three months. While the duration of the benchmark varies throughout the month, as of April 2, 2018, the duration of the benchmark was approximately 5.9 months. The investment advisor, TIFF Advisory Services, Inc. (TAS), focuses on duration, maturity, relative valuations, and security selection. Typically, the average credit quality of the funds portfolio will be equivalent to the credit rating assigned to short-term obligations of the US Government, its agencies, or instrumentalities, and may include unrated obligations that are deemed to be of equivalent quality.
C000017544 Performance
Total returns for C000017544 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -0.2% |
C000017544 Risk Information
Risk metrics for C000017544, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.2%
C000017544 Costs and Fees
C000017544 costs about $25 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.25%
- Gross expense ratio: 0.25%
- Portfolio turnover: 0%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000017544 Cashflows
Over the 12 months to 2021-03, TIFF Short-Term Fund had net outflows of $9.07M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-03 | $5.87M |
| 2021-02 | −$5.56M |
| 2021-01 | $2.24M |
| 2020-12 | −$12.67M |
| 2020-11 | −$3.90M |
| 2020-10 | $4.21M |
C000017544 Debt Constituents
No individual debt constituents are reported in TIFF Short-Term Fund's latest SEC N-PORT filing.
C000017544 Prospectus and SEC Filings
Official TIFF Short-Term Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-04-30
- Prospectus (485BPOS) — filed 2020-05-15
- Prospectus (485BPOS) — filed 2019-05-14
- Portfolio holdings (N-PORT) — filed 2021-05-25
- Portfolio holdings (N-PORT) — filed 2021-02-05
- Portfolio holdings (N-PORT) — filed 2020-11-25
- Annual census (N-CEN) — filed 2021-03-15
- Annual census (N-CEN) — filed 2020-03-12
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.