Key Reasons to Own This Fund
- Focus on high credit quality portfolio
- Temporary place to invest while waiting to invest in other funds
- No fee for switches to other funds within the Marquest Group of Funds
Investment Objective
The Fund seeks to produce high interest income while maintaining safety of principal and liquidity by investing in high quality shortterm debt securities of Canadian governments and companies, such as treasury bills, bankers’ acceptances of major banks and commercial paper.
TOP 10 HOLDINGS
AS OF 30-09-2018
% OF ASSETS
-
Cash
73.95%
-
Province of Ontario Treasury Bill 1.55%, October 3, 2018
10.23%
-
Fortis BC Commercial Paper 1.71%, October 2, 2018
9.79%
-
Province of British Columbia Treasury Bill 1.60%, October 26, 2018
5.58%
-
0.00%
-
0.00%
-
0.00%
-
0.00%
-
0.00%
-
0.00%
TOTAL: 99.55%
ASSET ALLOCATION %
as of 31-07-2018
Cash 73.95
Short-Term Notes 25.60
Net other assets (liabilities) 0.45
Fund Details
ASSET CLASS
Money Market
MINIMUM INITIAL PURCHASE
$500; $25 subsequent purchases
ELIGIBILITY
RSP/RIF/TFSA
Risk Rating
Low
High
Medium
CLASS A
DISTRIBUTIONS
Monthly, variable
MANAGEMENT FEE
0.50%
Fund Codes
| Front End | MAV 104 |
| DSC | MAV 204 |
| Low Load DSC | MAV 504 |
CLASS F*
DISTRIBUTIONS
Monthly, variable
MANAGEMENT FEE
0.20%
Fund Codes
| MAV 774 | |
*To date no Class F units have been issued