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

Purpose Cash Management Fund Class A > Production estimates

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Post by largeinveston Aug 02, 2016 3:27pm

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Post# 25103589

Production estimates

They seem to want to ramp it up to $2 million a month in sales here, $24 million per year. Looks like a steal here with current market cap of $3 million and gold prices only going up.

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