Quick Facts

Investment Objectives:

To achieve a high level of current income while preserving capital and maintaining liquidity.

Investment Strategy:

In order to minimize interest rate risk and credit risk the Fund holds a well-diversified portfolio invested only in short-term securities of the highest quality. The maximum term to maturity allowable for the Fund’s investments is 183 days; however, in practice the average maturity of the Fund’s investments will be kept near 30 days. Investments include: Government (federal or provincial) guaranteed bonds, corporate bonds rated R-1 by the Dominion Bond Rating Service, and securitized instruments rated R-1.