Quick Facts

North Growth Canadian Money Market Fund

Investment Objectives:

To achieve a high level of current income while preserving capital and maintaining liquidity.

Investment Strategy:

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 (federal or provincial) guaranteed bonds, corporate bonds rated R-1 by the Dominion Bond Rating Service, and securitized instruments rated R-1.

Date of Inception: August 26, 1999
Load: No Load
Management Expense Ratio (MER): 0.25%
Dividend Distribution: The Fund's income is allocated daily and distributed monthly.
Trustee: RBC Investor and Treasury Services
Auditor: KPMG LLP
Initial Minimum Investment: $150,000
Prospectus: No Prospectus