Join Fund Library now and get free access to personalized features to help you manage your investments.

Franklin Canadian Money Market Fund Series A

Canadian Money Market

NAVPS
(01-21-2025)
$10.00
Change
$0.00 (0.00%)

As at December 31, 2024

As at September 30, 2024

Period

Chart

Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
End of interactive chart.

Legend

Franklin Canadian Money Market Fund Series A

Compare Options


Fund Returns

Inception Return (November 24, 2000): 1.45%

Fund Returns
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 0.29% 0.91% 1.95% 4.26% 4.26% 4.28% 3.30% 2.49% 2.07% 1.94% 1.81% 1.62% 1.46% 1.33%
Benchmark 0.28% 0.90% 1.99% 4.47% 4.47% 4.59% 3.70% 2.79% 2.34% 2.23% 2.10% 1.92% 1.76% 1.64%
Category Average 0.26% 0.81% 1.83% 4.01% 4.01% 4.04% 3.06% 2.26% 1.89% 1.78% 1.62% 1.46% 1.33% 1.19%
Category Rank 149 / 274 138 / 274 156 / 267 161 / 264 161 / 264 152 / 241 147 / 231 138 / 227 126 / 214 116 / 201 103 / 185 97 / 178 94 / 170 93 / 165
Quartile Ranking 3 3 3 3 3 3 3 3 3 3 3 3 3 3

Monthly Return

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.2806 to 0.4066.
End of interactive chart.
Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund 0.38% 0.36% 0.39% 0.37% 0.41% 0.35% 0.35% 0.37% 0.30% 0.32% 0.30% 0.29%
Benchmark 0.40% 0.40% 0.40% 0.41% 0.40% 0.39% 0.38% 0.36% 0.34% 0.33% 0.29% 0.28%

Best Monthly Return Since Inception

0.42% (January 2001)

Worst Monthly Return Since Inception

0.01% (April 2015)

Calendar Return (%)

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.099946 to 4.708726.
End of interactive chart.
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.13% 0.19% 0.34% 1.00% 1.28% 0.41% 0.10% 1.38% 4.29% 4.26%
Benchmark 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71% 4.47%
Category Average 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06% 4.01%
Quartile Ranking 4 3 3 3 3 3 2 3 3 3
Category Rank 124/ 165 99/ 170 108/ 178 114/ 185 121/ 201 129/ 214 98/ 227 159/ 231 161/ 241 161/ 264

Best Calendar Return (Last 10 years)

4.29% (2023)

Worst Calendar Return (Last 10 years)

0.10% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 90.61
Canadian Bonds - Other 3.52
Canadian Government Bonds 2.64
Canadian Corporate Bonds 2.06
Mortgages 1.17

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 90.61
Fixed Income 9.39

Geographic Allocation

Geographic Allocation
Name Percent
North America 70.94
Other 29.06

Top Holdings

Top Holdings
Name Percent
Toronto-Dominion Bank 2.50% 02-Dec-2024 2.34
Municipal Finance Authority BC 30-Oct-2024 2.34
Bank of Montreal 2.37% 03-Jan-2025 2.33
Cards II Trust 4.33% 15-May-2028 1.96
Royal Bank of Canada 2.61% 01-Nov-2024 1.95
PROVINCE OF BRITISH COLUMBIA CANADA 1.94
MANULIFE BANK OF CANADA 1.92
North West Redwater Partnershp 03-Oct-2024 1.84
Alberta Province 25-Oct-2024 1.82
SURE TRUST 1.76

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Chart

Scatter chart with 3 data series.
The chart has 1 X axis displaying Risk (Annualized Standard Deviation). Data ranges from -0.063044 to 6.3044.
The chart has 1 Y axis displaying Return. Data ranges from -1.307666 to 5.317223.
End of interactive chart.

Franklin Canadian Money Market Fund Series A

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.45% 0.55% 0.46%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino 0.75% -1.66% -2.61%
Treynor - - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.13% 0.45% 0.55% 0.46%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - 0.75% -1.66% -2.61%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date November 24, 2000
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $246

Fund Codes

FundServ Code Load Code Sales Status
TML204
TML304
TML521

Investment Objectives

The Fund’s investment objective is to provide high current income, liquidity and preservation of capital by investing primarily in high-quality money market securities issued by Canadian federal or provincial governments and government agencies, and high-quality short-term money market instruments and bankers acceptances.

Investment Strategy

The Fund invests primarily in fixed and floating rate securities maturing in one year or less and may also invest in floating rate notes with interest rate reset dates of less than one year. The Fund may also invest in commercial paper and other forms of corporate indebtedness (including bank-sponsored asset-backed commercial paper). The Fund may invest up to 30% of its assets in Canadian-dollar-denominated debt instruments issued by foreign governments.

Portfolio Manager(s)

Name Start Date
Sevrika Galipeau 04-22-2016
Darius Taheri 07-29-2022

Management and Organization

Fund Manager Franklin Templeton Investments Corp.
Advisor Franklin Templeton Investments Corp.
Custodian JPMorgan Chase Bank
Registrar Franklin Templeton Investments Corp.
Distributor Franklin Templeton Investments Corp.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 0.66%
Management Fee 0.60%
Load Choice of Front or No Load
FE Max 6.00%
DSC Max 6.00%
Trailer Fee Max (FE) 0.25%
Trailer Fee Max (DSC) 0.25%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.