The North Growth Canadian Money Market Fund is a liquidity product for use only by direct investors in our equity funds.
We take a very simple approach to managing the North Growth Canadian Money Market Fund. We invest in a portfolio of high quality short term bonds. The average maturity of the portfolio is most often less than 30 days.
Our current yield is 1.61%, which is competitive compared to many other mainstream money market funds but may be lower than promotional GICs at top tier Canadian banks. We manage this fund to ensure high liquidity and believe it has superior liquidity characteristics due to its very low average maturity.
Please contact us for more information