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Purpose Cash Management Fund Class A V.MNY


Primary Symbol: T.MNY

The fund seeks to earn a high rate of income To achieve its investment objectives the fund may invest in high-quality, short-term (one year or less) debt securities, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, bankers acceptances, high interest deposit accounts with one or more Canadian Chartered Banks and/or Canadian Credit Unions, asset-backed commercial paper and commercial paper issued by Canadian chartered banks, loan companies, trust companies and corporations and securities of money market funds. Investments made by the fund will be in the top two ratings categories of any of the designated rating organizations (as defined in NI 81-102).


TSX:MNY - Post by User

Comment by BlindBoyon Jan 17, 2007 12:24pm
167 Views
Post# 12034879

RE: cheapies are gone

RE: cheapies are goneglynlewis: " Would you purchase at the current price or do you think it will decline a little. " === it could do either: this might just be a market test, followed by a pullback to take advantage of month end, or it might be a genuine runup preliminary to property work advancement. regardless, either way I see the longer term price being much higher, so it's a buy (imo).
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