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Canadian Money Market
|
NAVPS (02-24-2025) |
$10.00 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at January 31, 2025
As at May 31, 2024
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Inception Return (November 30, 1999): 1.89%
| 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 | 0.27% | 0.84% | 1.89% | 0.27% | 3.91% | 4.35% | 3.61% | 2.70% | 2.26% | 2.13% | 2.04% | 1.84% | 1.67% | 1.54% |
| Benchmark | 0.26% | 0.83% | 1.87% | 0.26% | 4.32% | 4.54% | 3.79% | 2.86% | 2.37% | 2.25% | 2.13% | 1.95% | 1.79% | 1.66% |
| Category Average | 0.24% | 0.75% | 1.70% | 0.24% | 3.86% | 3.98% | 3.16% | 2.32% | 1.92% | 1.79% | 1.65% | 1.48% | 1.35% | 1.22% |
| Category Rank | 7 / 11 | 8 / 11 | 8 / 11 | 7 / 11 | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 3 | 3 | 3 | 3 | - | - | - | - | - | - | - | - | - | - |
| Return % | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.00% | 0.41% | 0.39% | 0.42% | 0.36% | 0.38% | 0.36% | 0.34% | 0.34% | 0.28% | 0.29% | 0.27% |
| Benchmark | 0.40% | 0.40% | 0.41% | 0.40% | 0.39% | 0.38% | 0.36% | 0.34% | 0.33% | 0.29% | 0.28% | 0.26% |
0.47% (July 2000)
0.00% (February 2024)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.44% | 0.30% | 0.41% | 1.41% | 1.53% | 0.62% | 0.05% | 1.77% | 4.73% | 4.06% |
| 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 | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
4.73% (2023)
0.05% (2021)
| Name | Percent |
|---|---|
| Cash and Equivalents | 100.00 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 100.00 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Volkswagen Credit Canada Inc. 5.17% 06/06/2024 | 9.50 |
| Alberta Treasury Branch 4.98% 07/17/2024 | 9.33 |
| Ontario Power Generation 5.10% 06/20/2024 | 9.22 |
| Government of Newfoundland and Labrador 4.99% 06/06/2024 | 9.20 |
| BCI Quadreal 5.03% 06/17/2024 | 8.59 |
| Royal Bank of Canada 5.04% 06/20/2024 | 8.56 |
| TMX Group Ltd. 5.02% 06/06/2024 | 8.49 |
| Hydro One Inc. 5.03% 07/16/2024 | 8.19 |
| Honda Canada Finance Inc. 5.08% 06/20/2024 | 7.47 |
| Toyota Credit Canada Inc. 5.05% 07/29/2024 | 6.95 |
North Growth Canadian Money Market Fund
Median
Other - Canadian Money Market
| Standard Deviation | 0.46% | 0.59% | 0.48% |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | 1.78% | -1.37% | -2.42% |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.39% | 0.46% | 0.59% | 0.48% |
| Beta | - | - | - | - |
| Alpha | - | - | - | - |
| Rsquared | - | - | - | - |
| Sharpe | - | - | - | - |
| Sortino | - | 1.78% | -1.37% | -2.42% |
| Treynor | - | - | - | - |
| Tax Efficiency | - | - | - | - |
| Start Date | November 30, 1999 |
|---|---|
| Instrument Type | Exempt Product |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $12 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NGM260 |
The objective of the North Growth Canadian Money Market Fund is to achieve a high level of current income while preserving capital and maintaining liquidity.
In order to minimize interest rate risk and credit risk the Fund holds a well-diversified portfolio invested only in short term securities of the highest quality. The maximum term to maturity allowable for the Fund's investments is 183 days; however, in practice the average maturity of the Fund's investments will be kept near 30 days. Investments include: Government guaranteed bonds, corporate bonds rated R-1 by the Dominion Bond Rating Service, and securitized instruments rated R-1.
| Portfolio Manager |
North Growth Management Ltd.
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
North Growth Management Ltd. |
|---|---|
| Custodian |
- |
| Registrar |
North Growth Management Ltd. |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 0.25% |
|---|---|
| Management Fee | 0.25% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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