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Canadian Money Market
|
NAVPS (08-13-2025) |
$10.00 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at July 31, 2025
As at April 30, 2025
Inception Return (October 11, 2000): 1.52%
| 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 | 0.19% | 0.55% | 1.17% | 1.41% | 2.98% | 3.38% | 3.36% | 2.56% | 2.05% | 1.87% | 1.78% | 1.64% | 1.47% | 1.35% |
| Benchmark | 0.22% | 0.66% | 1.35% | 1.61% | 3.25% | 4.09% | 4.08% | 3.19% | 2.57% | 2.34% | 2.24% | 2.09% | 1.91% | 1.76% |
| Category Average | 0.20% | 0.58% | 1.22% | 1.46% | 2.95% | 3.65% | 3.52% | 2.65% | 2.10% | 1.90% | 1.78% | 1.62% | 1.47% | 1.34% |
| Category Rank | 173 / 269 | 186 / 267 | 188 / 266 | 189 / 266 | 182 / 264 | 216 / 251 | 194 / 227 | 184 / 219 | 177 / 215 | 163 / 203 | 149 / 188 | 133 / 174 | 126 / 166 | 115 / 160 |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.36% | 0.32% | 0.31% | 0.28% | 0.27% | 0.24% | 0.21% | 0.20% | 0.20% | 0.18% | 0.18% | 0.19% |
| Benchmark | 0.36% | 0.34% | 0.33% | 0.29% | 0.28% | 0.26% | 0.24% | 0.23% | 0.22% | 0.22% | 0.22% | 0.22% |
0.42% (October 2023)
0.00% (April 2024)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.31% | 0.21% | 0.25% | 0.98% | 1.20% | 0.51% | 0.02% | 1.26% | 3.80% | 3.81% |
| 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 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 4 | 4 |
| Category Rank | 80/ 156 | 87/ 161 | 117/ 169 | 113/ 176 | 134/ 192 | 95/ 205 | 144/ 218 | 186/ 221 | 210/ 231 | 221/ 254 |
3.81% (2024)
0.02% (2021)
| Name | Percent |
|---|---|
| Cash and Equivalents | 98.31 |
| Canadian Corporate Bonds | 1.69 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 98.31 |
| Fixed Income | 1.69 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Canada Government 04-Jun-2025 | 8.44 |
| Societe de transport de Montreal, notes | 5.07 |
| North West Redwater Partnership, notes | 5.07 |
| Municipal Finance Authority BC 16-Jul-2025 | 5.05 |
| Hyundai Capital Canada, notes | 4.64 |
| Hyundai Capital Canada, notes | 4.22 |
| Canadian Master Trust, notes, Series A | 4.19 |
| Municipal Finance Authority BC 24-Sep-2025 | 4.19 |
| Zeus Receivables Trust, notes | 4.14 |
| Daimler Truck Finance Cnd Inc 06-May-2025 | 3.38 |
NEI Money Market Fund Series A
Median
Other - Canadian Money Market
| Standard Deviation | 0.35% | 0.53% | 0.43% |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | 1.31% | -1.73% | -2.64% |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.21% | 0.35% | 0.53% | 0.43% |
| Beta | - | - | - | - |
| Alpha | - | - | - | - |
| Rsquared | - | - | - | - |
| Sharpe | - | - | - | - |
| Sortino | -0.43% | 1.31% | -1.73% | -2.64% |
| Treynor | - | - | - | - |
| Tax Efficiency | - | - | - | - |
| Start Date | October 11, 2000 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $121 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT140 |
The objective of the Fund is to conserve capital while maintaining liquidity and achieving regular income. For that purpose, the Fund’s assets are primarily invested in short-term money market instruments such as commercial paper and bankers’ acceptances issued and guaranteed by major Canadian corporations and all financial institutions, including Canadian chartered banks, trust companies and savings and credit unions.
When choosing the securities to invest in, the Fund’s Portfolio Sub-Advisor selects money market instruments that it believes offer good relative value. The Portfolio Sub-Advisor invests in a number of different issuers to diversify credit risk, adjusts the Fund’s term to maturity in anticipation of yield curve shifts and adjusts the distribution of securities across the investment horizon in anticipation of changes in the shape of the yield curve.
| Portfolio Manager |
Northwest & Ethical Investments L.P. |
|---|---|
| Sub-Advisor |
Desjardins Global Asset Management Inc.
|
| Fund Manager |
Northwest & Ethical Investments L.P. |
|---|---|
| Custodian |
Desjardins Trust Inc. |
| Registrar |
Northwest & Ethical Investments L.P. |
| Distributor |
Aviso Financial Inc. |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 0.76% |
|---|---|
| Management Fee | 0.65% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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