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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

Post by Futuristicalon Apr 05, 2017 11:13am
140 Views
Post# 26079437

Comings and Goings, Forth and Back...

Comings and Goings, Forth and Back...
Funding comes and goes and returns if it wants to eh? Potential attracts investment like flowers attract bees, it's only natural apparantly. With MNY on the fast tract to revenue streams and growing potential I can imagine money going and returning again at different intervals depending on how the deals the participants are doing happen to be maturing. As long as they don't drop the ball whie they are juggling things MNY should be fine in the long run given that it's well possible for management to grow things bigger quickly. Relative to metal market actions, geopolitics and associated mood swings that is...
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