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Canadian Money Market
|
NAVPS (07-25-2024) |
$10.00 |
|---|---|
| Change |
$0.00
(0.01%)
|
As at June 30, 2024
As at May 31, 2024
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Inception Return (December 31, 2001): 1.01%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.33% | 1.08% | 2.22% | 2.22% | 4.50% | 3.89% | 2.58% | 1.93% | 1.62% | 1.42% | 1.22% | 1.07% | 0.95% | 0.86% |
| Benchmark | 0.39% | 1.20% | 2.43% | 2.43% | 4.97% | 4.39% | 3.05% | 2.31% | 2.11% | 2.02% | 1.87% | 1.70% | 1.56% | 1.49% |
| Category Average | 0.32% | 2.14% | 2.14% | 2.14% | 4.33% | 3.69% | 2.42% | 1.81% | 1.63% | 1.54% | 1.39% | 1.24% | 1.12% | 1.02% |
| Category Rank | 187 / 257 | 185 / 257 | 176 / 254 | 176 / 254 | 168 / 246 | 146 / 227 | 150 / 220 | 144 / 212 | 162 / 205 | 163 / 197 | 158 / 183 | 149 / 173 | 147 / 169 | 142 / 163 |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.35% | 0.37% | 0.34% | 0.40% | 0.38% | 0.36% | 0.40% | 0.34% | 0.39% | 0.41% | 0.33% | 0.33% |
| Benchmark | 0.40% | 0.41% | 0.41% | 0.41% | 0.41% | 0.41% | 0.40% | 0.40% | 0.40% | 0.41% | 0.40% | 0.39% |
0.43% (December 2006)
0.00% (May 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.02% | 0.01% | 0.01% | 0.01% | 0.09% | 0.60% | 0.12% | 0.00% | 1.40% | 4.15% |
| Benchmark | 0.91% | 0.55% | 0.50% | 0.65% | 1.34% | 1.66% | 0.56% | 0.11% | 1.95% | 4.71% |
| Category Average | 0.30% | 0.02% | 0.24% | 0.35% | 0.69% | 1.20% | 0.45% | -0.11% | 1.13% | 4.06% |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 |
| Category Rank | 150/ 159 | 155/ 165 | 154/ 170 | 168/ 178 | 183/ 185 | 196/ 201 | 199/ 207 | 194/ 220 | 150/ 224 | 176/ 233 |
4.15% (2023)
0.00% (2021)
| Name | Percent |
|---|---|
| Cash and Equivalents | 100.00 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 100.00 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Canada Government 04-Jul-2024 | 95.44 |
| Canada Government 01-Aug-2024 | 3.31 |
| Canada Government 29-Aug-2024 | 1.08 |
| Canadian Dollar | 0.17 |
IA Clarington Money Market Fund - Series A
Median
Other - Canadian Money Market
| Standard Deviation | 0.56% | 0.55% | 0.45% |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | -0.89% | -2.15% | -2.87% |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.10% | 0.56% | 0.55% | 0.45% |
| Beta | - | - | - | - |
| Alpha | - | - | - | - |
| Rsquared | - | - | - | - |
| Sharpe | - | - | - | - |
| Sortino | - | -0.89% | -2.15% | -2.87% |
| Treynor | - | - | - | - |
| Tax Efficiency | - | - | - | - |
| Start Date | December 31, 2001 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $232 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CCM1201 | ||
| CCM1301 | ||
| CCM1501 |
The Fund’s objective is to obtain as high a level of current interest income as is consistent with the protection of capital liquidity. The Fund will seek to achieve such objective by investing primarily in high quality debt securities and will ensure that it meets at all times the definition of a “money market fund” as prescribed by securities legislation.
The Fund: selects money market instruments that offer good relative value; may invest in a number of different issuers, and may adjust the Fund’s weighted average term to maturity in anticipation of interest rate changes; strives to maintain a constant $10 unit value; may invest in foreign securities that are permitted investments for a “money market fund” under applicable securities legislation; such investments will generally be less than 30% of the net assets of the Fund.
| Name | Start Date |
|---|---|
| Alexandre Morin | 02-21-2020 |
| Fund Manager | IA Clarington Investments Inc. |
|---|---|
| Advisor | Industrial Alliance Investment Management Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | IA Clarington Investments Inc. |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 0.59% |
|---|---|
| Management Fee | 1.00% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.25% |
| Trailer Fee Max (DSC) | 0.25% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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