The Fund seeks to maximize income while preserving capital and maintaining liquidity by investing primarily in Canadian money market instruments such as treasury bills and short-term government and corporate debt.
Is this fund right for you?
Risk Rating
How is the fund invested?
(as of February 28, 2023)
Asset allocation (%)
|
Name |
Percent |
|
Domestic Bonds |
80.3 |
|
Cash and Equivalents |
11.5 |
|
Foreign Bonds |
7.9 |
|
Canadian Equity |
0.1 |
|
Other |
0.2 |
Geographic allocation (%)
|
Name |
Percent |
|
Canada |
91.7 |
|
United States |
6.9 |
|
Malaysia |
0.1 |
|
Indonesia |
0.1 |
|
Europe |
0.1 |
|
Czech Republic |
0.1 |
|
Korea, Republic Of |
0.1 |
|
Brazil |
0.1 |
|
China |
0.1 |
|
Other |
0.7 |
Sector allocation (%)
|
Name |
Percent |
|
Fixed Income |
88.2 |
|
Cash and Cash Equivalent |
11.5 |
|
Financial Services |
0.3 |
Growth of $10,000
(since inception)
Data not available based on date of inception
Fund details
(as of February 28, 2023)
| Top holdings |
% |
| Cash and Cash Equivalents |
10.2 |
| Canada Government 2.00% 01-Jun-2032 |
7.3 |
| Canada Government 1.50% 01-Dec-2031 |
4.7 |
| Canada Government 1.50% 01-Jun-2031 |
4.1 |
| Ontario Province 3.75% 02-Dec-2053 |
3.7 |
| Quebec Province 4.40% 01-Dec-2055 |
2.9 |
| Alberta Province 3.10% 01-Jun-2050 |
2.3 |
| Quebec Province 3.25% 01-Sep-2032 |
2.2 |
| Canada Housing Trust No 1 1.95% 15-Dec-2025 |
1.2 |
| British Columbia Province 1.55% 18-Jun-2031 |
1.1 |
| Total allocation in top holdings |
39.7 |
| Portfolio characteristics |
|
| Standard deviation |
5.6% |
| Yield to maturity |
4.8% |
| Duration (years) |
7.8 |
| Coupon |
3.2% |
| Average credit rating |
A+ |
Understanding returns
Annual compound returns (%)
| 1 MO |
3 MO |
YTD |
1 YR |
| {{snapShot.Return1Mth|customNumber:1}} |
{{snapShot.Return3Mth|customNumber:1}} |
{{snapShot.ReturnYTD|customNumber:1}} |
{{snapShot.Return1Yr|customNumber:1}} |
| 3 YR |
5 YR |
10 YR |
INCEPTION |
| {{snapShot.Return3Yr|customNumber:1}} |
{{snapShot.Return5Yr|customNumber:1}} |
{{snapShot.Return10Yr|customNumber:1}} |
{{snapShot.ReturnInception|customNumber:1}} |
Calendar year returns (%)
|
2022 |
2021 |
2020 |
2019 |
| {{snapShot.Return1YrCalendar|customNumber:1}} |
{{snapShot.Return2YrCalendar|customNumber:1}} |
{{snapShot.Return3YrCalendar|customNumber:1}} |
{{snapShot.Return4YrCalendar|customNumber:1}} |
|
2018 |
2017 |
2016 |
2015 |
| {{snapShot.Return5YrCalendar|customNumber:1}} |
{{snapShot.Return6YrCalendar|customNumber:1}} |
{{snapShot.Return7YrCalendar|customNumber:1}} |
{{snapShot.Return8YrCalendar|customNumber:1}} |
Range of returns over five years
| Best return |
Best period end date |
Worst return |
Worst period end date |
|
Data not available based on date of inception
|
| Average return |
% of periods with positive returns |
Number of positive periods |
Number of negative periods |
|
Data not available based on date of inception
|