Updated April 18, 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
B
Quarter End Fund Size
$255.1 million
Series Inception Date
Apr 27, 1994
Fund Inception Date
Apr 27, 1994
MER
0.65%
RRSP/RRIF Eligible
Yes
Distribution Frequency
Monthly
Number Of Holdings
52
Minimum Investment
Quarter End Yield
5.41%
Reference Index
For the period ended March 31, 2024 (after fees)
Annualized Compound Returns | |||||
Rates Of Return | 3 Month | 1 Year | 3 Year | 5 Year | 10 Year |
Fund (Net of Fees) | 1.1% | 3.9% | 1.5% | 1.4% | 0.9% |
Benchmark | 1.2% | 4.4% | 1.8% | 1.7% | 1.2% |
Calendar Year | YTD | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund (Net of Fees) | 1.6% | 0.0% | 0.5% | 1.5% | 1.2% | 0.5% | 0.3% | 0.2% | 0.4% | 0.4% | |
Benchmark | 1.8% | 0.2% | 0.9% | 1.6% | 1.4% | 0.6% | 0.5% | 0.6% | 0.9% | 1.0% | |
- | - | - | - | - | - | - | - | - | - |
As at December 31, 2023
Non-Canadian denominated benchmarks are based on their published US$ quotation, which we convert from US$ to CA$ using the Bloomberg exchange rate.