Updated April 29, 2024.
To provide an improved rate of return for short-term investments, while preserving the value of the investment.
The Money Market Fund is designed for investors who desire safety of capital with a high degree of liquidity. Typical investments in the Fund would be Government of Canada and Provincial Treasury Bills, Banker’s Acceptances, and Corporate Paper.
Download Fund Summary Regulatory DocumentsRisk Level
Fund Code
LWF004
Asset Class
Fixed Income
Daily Price
$10.00000
Series
F
Quarter End Fund Size
$301.5 million
Series Inception Date
Apr 27, 1994
Fund Inception Date
Apr 27, 1994
MER
0.62%**
RRSP/RRIF Eligible
Yes
Distribution Frequency
Monthly
Number Of Holdings
76
Minimum Investment
Quarter End Yield
5.25%
Reference Index
For the period ended March 31, 2024 (after fees)
Annualized Compound Returns | |||||||||
Performance History of F-Series (Net of Fees) | 1 Month | 3 Months | YTD | 1 Year | 3 Years | 5 Years | Since Inception* | ||
Fund*** | 0.4% | 1.1% | 1.1% | 4.4% | 2.3% | 1.7% | 2.2% | ||
Reference Index | 0.4% | 1.2% | 1.2% | 4.8% | 2.6% | 2.0% | 2.6% |
*Since Inception performance has been calculated from the month-end April 30, 1994 after the initial funding of the mutual fund in order to provide a comparison against a monthly benchmark.
CALENDAR YEAR RETURNS (NET OF FEES) | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 4.2% | 1.6% | 0.0% | 0.5% | 1.5% | 1.2% | 0.5% | 0.3% | 0.2% | 0.4% |
Benchmark | 4.7% | 1.8% | 0.2% | 0.9% | 1.6% | 1.4% | 0.6% | 0.5% | 0.6% | 0.9% |
As at December 31, 2023
**Leith Wheeler reduced the management fee for the Leith Wheeler Money Market Fund, F-Series by 0.20% on October 18, 2023 which is partially reflected in the MER.
***On October 18, 2023, Leith Wheeler Investment Counsel Ltd. renamed Series B of Leith Wheeler Money Market Fund to Series F. Performance prior to this date is when each fund was called the B-Series and performance calculated after this date is when each fund is called F-Series.