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The Fund's objective is to provide a high level of interest income, while emphasizing capital preservation and liquidity. The Fund invests in high quality fixed-income securities with maturities of generally not more than three years, including treasury bills and other short-term debt instruments. Investments are predominantly issued or guaranteed by federal or provincial governments, banks, or trust and loan companies, and may also include high grade commercial paper issued by corporations.

Given ongoing concerns over the health of the global economy, it is expected that any further tightening by the Bank of Canada will occur on a measured basis during the next 12 to 24 months.

 
Fund Codes: FE:MID400 / LL:MID424 / DSC:MID425
Inception Date: June 11, 2004
Eligibility: RRSPs, RRIFs, DPSPs, RESPs and TFSAs
See Simplified Prospectus ( English  / French  )
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