Investment Objective
The Fund’s objective is to seek a high level of current income, consistent with capital preservation and liquidity, by investing primarily in Canadian denominated short-term debt instruments.
The Sub-Advisor
Cumberland Private Wealth Management formerly Cumberland Asset Management is an independent investment advisor that manages over $1 billion for both individual and institutional investors. The firm specializes in providing discretionary investment management for clients in Canada and overseas. Cumberland utilizes a value-oriented, conservative, risk adverse approach to managing investor assets.
Portfolio Characteristics
Average Maturity
182.5 days
Credit Quality 100%
R1-(High)
Maximum Fund Maturity
1672 days
Maximum Concentration Per Issue
34.23%
Sector Allocation
SECTOR
% PORTFOLIO
Treasury Bills
93.2
Bonds
5.2%
Canadian Dollars
1.6%
Note: The underlying data has been obtained from sources considered to be reliable but its accuracy and completeness cannot be assured. This evaluation is for informational purposes only and is not intended
to be an offer, solicitation, or recommendation with respect to the purchase or sale of any security or a recommendation of the services supplied by any money management organization. Past performance is not
a guarantee of future results.
* The Annual Return represents the fund’s actual return net of all monthly fees and expenses.
