Key stats
About PURPOSE USD CASH MGMT FD USD DENOMINTD ETF NON CUR HEDGED UNITS
Home page
Inception date
Apr 27, 2023
The fund is an actively managed portfolio primarily consisting of high-quality debts maturing in one year or less. The fund aims for a high rate of income with capital preservation and maintained liquidity. The portfolio consists of USD-denominated fixed income instruments, including Canadian government and agency instruments, Canadian corporations, loan or trust companies, USD-denominated bank-sponsored asset-backed commercial paper. The fund may engage in securities lending and repurchase, including reverse repurchase transactions, to generate additional income. The fund is designed for investors looking for a liquid, short-term investment.
Classification
What's in the fund
Exposure type
Corporate
Cash
Government
Bonds, Cash & Other100.00%
Corporate43.75%
Cash29.84%
Government26.41%
Displays a symbol's price movements over previous years to identify recurring trends.