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Objective
The Fund aims to provide investors with a real rate of return. It is expected that virtually all returns will be derived from income.
The Fund invests primarily in high-quality, low-risk short-term money market instruments, such as cash, treasury bills, bankers' acceptances, short-term corporate papers issued by Canadian companies and certificates of deposit. The term to maturity of each investment will not exceed one year.
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Fund Startup |
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January 1995 |
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Inception of Composite |
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September 1993 |
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Distribution Frequency |
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Quarterly |
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DC/DB Pensions Eligible |
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Yes |
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Individual RRSP Eligible |
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Yes |
Fund Managers
McLean Budden Fixed Income Team
Volatility Profile
The Fund is suitable for clients with a low risk tolerance who have a very short investment time horizon.
The rate of return for the MB Money Market Fund tends to be lower than for funds that are managed for long-term returns, however, it is a very low risk investment.
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