Money Market Funds
These funds may invest in treasury bills that are guaranteed by the government, as well as other money market instruments. These funds have relatively low risk compared to other mutual funds and pay dividends that generally reflect short-term interest rates.
Features and Benefits
- Access to professional money management.
- Tailored portfolios based on your risk tolerance, time horizon and investment objectives.
- Regular statements and portfolio updates.
- Free annual portfolio reviews.
- Minimum investments start as low as $500.
- Mutual funds may be purchased through automatic payroll deduction.
- Most mutual funds are RRSP, RRIF and RESP eligible.
Mutual Funds are offered through Credential Asset Management Inc. commission, trailing commissions, management fess and expenses all may be associated with mutual fund investments. Please read the prospectus prior to investing. Unless otherwise stated, mutual fund securities and cash balances are not covered by the Canada Deposit Insurance Corporation or by any other government insurer that insures deposits in credit unions. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment will be returned to you. Mutual funds are not guaranteed, their values changes frequently, and past performance may not be repeated.
