Middlefield High Interest Income Class

Fund Description

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.

Key Reasons to Invest:

  • exposure to high-quality fixed-income securities
  • a portfolio of stable investments guaranteed by federal and provincial governments and banks

Fund Overview

  • Fund Code:
    FE: MID400
  • Inception Date:
    June 11, 2004
  • Advisor:
    Middlefield Capital Corporation
  • Eligibility:
    RRSPs, RRIFs, DPSPs, RESPs and TFSAs
  • Management Fee:
    0.50%
  • Risk Rating:
    Low

Fund Managers

Headshot of Robert Lauzon
Robert F. Lauzon
Managing Director and Chief Investment Officer

Performance

 
AS OF 1 MONTH 3 MONTHS 6 MONTHS YEAR-TO-DATE 1 YEAR 3 YEARS 5 YEARS 10 YEARS SINCE INCEPTION 2023 2022 2021 2020
June 30, 2024 0.23% 1.06% 2.23% 2.23% 4.56% 2.92% 2.05% 1.45% 1.43% 4.50% 1.97% 0.25% 0.50%
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