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Canadian Money Market
|
NAVPS (04-04-2025) |
$1.00 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at February 28, 2025
As at December 31, 2024
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Inception Return (May 31, 1985): 3.26%
| 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 | 0.18% | 0.63% | 1.45% | 0.39% | 3.46% | 3.74% | 3.08% | 2.30% | 1.86% | 1.70% | 1.55% | 1.38% | 1.24% | 1.13% |
| Benchmark | 0.24% | 0.78% | 1.75% | 0.50% | 4.15% | 4.48% | 3.86% | 2.92% | 2.39% | 2.27% | 2.15% | 1.97% | 1.81% | 1.68% |
| Category Average | 0.20% | 0.70% | 1.57% | 0.44% | 3.71% | 3.96% | 3.23% | 2.38% | 1.95% | 1.81% | 1.68% | 1.51% | 1.37% | 1.24% |
| Category Rank | 238 / 277 | 235 / 277 | 231 / 275 | 234 / 277 | 224 / 265 | 215 / 248 | 201 / 232 | 195 / 226 | 186 / 216 | 168 / 200 | 151 / 185 | 143 / 177 | 140 / 170 | 135 / 165 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.32% | 0.36% | 0.34% | 0.30% | 0.34% | 0.30% | 0.29% | 0.28% | 0.24% | 0.24% | 0.21% | 0.18% |
| Benchmark | 0.40% | 0.41% | 0.40% | 0.39% | 0.38% | 0.36% | 0.34% | 0.33% | 0.29% | 0.28% | 0.26% | 0.24% |
1.00% (December 1990)
0.00% (May 1985)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.13% | 0.10% | 0.17% | 0.58% | 0.90% | 0.25% | 0.01% | 1.19% | 3.89% | 3.78% |
| 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 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 4 |
| Category Rank | 121/ 164 | 133/ 169 | 136/ 177 | 160/ 184 | 175/ 200 | 184/ 213 | 160/ 226 | 194/ 230 | 203/ 240 | 228/ 263 |
3.89% (2023)
0.01% (2021)
| Name | Percent |
|---|---|
| Cash and Equivalents | 96.52 |
| Canadian Corporate Bonds | 3.49 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 96.51 |
| Fixed Income | 3.49 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| CAD Term Deposit #139706 | 5.53 |
| Bank of Montreal 2.37% 17-Jan-2025 | 4.76 |
| Bank of Nova Scotia 24-Mar-2025 | 4.09 |
| Royal Bank of Canada 3.37% 29-Sep-2025 | 3.49 |
| National Bank of Canada 24-Jan-2025 | 3.41 |
| Royal Bank of Canada 3.40% 24-Mar-2025 | 3.26 |
| Vancouver Airprt Fuel Fclts Co 2.17% 23-Jun-2025 | 2.87 |
| Bearer Deposit Note Disc #139548 | 2.82 |
| National Bank of Canada 20-Oct-2025 | 2.80 |
| Bearer Deposit Note Disc #139687 | 2.19 |
IG Mackenzie Canadian Money Market Fund - Classic Series
Median
Other - Canadian Money Market
| Standard Deviation | 0.37% | 0.51% | 0.42% |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | 0.12% | -1.96% | -2.77% |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.20% | 0.37% | 0.51% | 0.42% |
| Beta | - | - | - | - |
| Alpha | - | - | - | - |
| Rsquared | - | - | - | - |
| Sharpe | - | - | - | - |
| Sortino | 4.72% | 0.12% | -1.96% | -2.77% |
| Treynor | - | - | - | - |
| Tax Efficiency | - | - | - | - |
| Start Date | May 31, 1985 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,245 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| IGI087 | ||
| IGI379 |
The Fund aims to provide secure current income, capital stability, and liquidity by investing primarily in high-quality, short-term Canadian money market investments.
The Fund selects investments that include: short-term debt issued or guaranteed by the federal, provincial or municipal government(s) including treasury bills; promissory notes; non-government obligations issued by chartered banks, including bankers’ acceptances, term deposits, floating rate notes and asset-backed securities; and commercial paper issued by corporations, including floating rate notes and asset-backed securities.
| Portfolio Manager |
I.G. Investment Management, Ltd. |
|---|---|
| Sub-Advisor |
Mackenzie Financial Corporation
|
| Fund Manager |
I.G. Investment Management, Ltd. |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
I.G. Investment Management, Ltd. |
| Distributor |
Investors Group Financial Services Inc. Investors Group Securities Inc. |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 250 |
| SWP Min Withdrawal | 100 |
| MER | 1.17% |
|---|---|
| Management Fee | 1.00% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.07% |
| Trailer Fee Max (LL) | - |
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