Investment objective

To provide current income and liquidity consistent with short-term money market rates and to preserve the value of your investment. The fund invests primarily in high-quality, short-term (one year or less) debt securities, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, bankers acceptances, asset-backed commercial paper and commercial paper issued by Canadian chartered banks, loan companies, trust companies and corporations.

  • Fund Category Money Market Funds
  • Inception Date Jul 22, 2002
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Fund details

Series

Currency

Fund code

MER * (%)
F CAD 35000 0.24%

Portfolio analysis As of Apr 30, 2026

0% 100%
Equity Fixed Income

Asset mix

Fixed Income Breakdown

Commercial Paper64.3%
Bankers Acceptance28.8%
Provincial Bills6.0%
Treasury Bills1.0%
Bank Deposits-0.1%

Top 10 Holdings

% Assets
Canadian Imperial Bank of Commerce 2.596% Mar 19, 2027 1.5%
Toronto-Dominion Bank 2.587% Jul 21, 2026 1.1%
Banner Trust Jul 07, 2026 1.1%
SURE Trust Jun 10, 2026 1.0%
National Bank of Canada 2.449% Jul 27, 2026 1.0%
Toronto-Dominion Bank Jun 16, 2026 0.9%
Province of Quebec Canada PTB Jul 24, 2026 0.8%
Fusion Trust Oct 21, 2026 0.7%
Canadian Imperial Bank of Commerce Oct 20, 2026 0.7%
BCI Quadreal Realty Trust May 13, 2026 0.7%
Total % of Top 10 Holdings 9.5%

Geographic allocation

Region

Performance analysis

Growth of $10,000 since inception

Calendar returns

Trailing return

Empty column 1 Mth 3 Mth 6 Mth 1 year 3 years 5 years 10 years Since Inception Empty column
0.19 0.57 1.13 2.46 3.81 3.05 1.93 1.75 Fund

Distribution ($)/unit

Empty column YTD* 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Total distributions 0.09 0.28 0.47 0.48 0.18 0.01 0.06 0.14 0.12 0.05 0.04
Interest --- 0.28 0.47 0.48 0.18 0.01 0.06 0.14 0.12 0.05 0.04
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* MER (%) is based on actual expenses for the preceding calendar year or most recent half-year period ended June 30 expressed on an annualized basis, depending on availability of date at the time of publication.