Investment objective

To preserve the value of investment and to provide current income and liquidity consistent with short-term money market rates. The fund invests in high-quality, short-term (one year or less) debt securities, such as Canadian federal government treasury bills, federal government-guaranteed notes, provincial government treasury bills and promissory notes.

  • Fund Category Money Market Funds
  • Inception Date Apr 29, 2019
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Fund details

Series
Currency
Fund code
MER * (%)
F CAD 35110 0.24%

Portfolio analysis As of Mar 31, 2025

0% 100%
Equity Fixed Income

Asset mix

Fixed Income Breakdown
Provincial Bills99.8%
Bank Deposits0.2%
Top 10 Holdings
% Assets
Province of Alberta Canada Apr 17, 2025 4.3%
Province of New Brunswick Canada May 01, 2025 3.6%
Province of Nova Scotia Canada Jun 12, 2025 2.7%
Province of New Brunswick Canada Apr 03, 2025 2.6%
Province of Alberta Canada Apr 15, 2025 2.5%
Ontario T-Bill Apr 16, 2025 2.4%
Ontario T-Bill Apr 30, 2025 2.2%
Province of Alberta Canada Sep 22, 2025 2.2%
Province of New Brunswick Canada May 22, 2025 2.0%
Province of New Brunswick Canada Apr 24, 2025 2.0%
Total % of Top 10 Holdings 26.5%

Geographic allocation

Region

Performance analysis

Growth of $10,000 since inception

Calendar returns

Trailing return

1 Mth 3 Mth 6 Mth 1 year 3 years 5 years 10 years Since Inception
0.25 0.78 1.74 4.08 3.81 2.35 - 2.20 Fund

Distribution ($)/unit

YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total distributions 0.08 0.44 0.45 0.16 0.01 0.06 0.09 --- --- --- ---
Interest --- 0.44 0.45 0.16 0.01 0.06 0.09 --- --- --- ---
Canadian dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign taxes paid --- --- --- --- --- --- --- --- --- --- ---
Capital gains --- --- --- --- --- --- --- --- --- --- ---
Return of capital --- --- --- --- --- --- --- --- --- --- ---

* 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.