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 |
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3 YR |
5 YR |
10 YR |
INCEPTION |
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Calendar year returns (%)
2022 |
2021 |
2020 |
2019 |
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2018 |
2017 |
2016 |
2015 |
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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
|