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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 Futuristicalon Apr 20, 2017 5:23pm
63 Views
Post# 26145732

RE:MNY good run today....congrats folks

RE:MNY good run today....congrats folks
Some who are closer to the deal than I might have better perspective on this... Is it reasonable to expect US dollar positioning at some point of corporate growth? Canadian small caps are sure to be looking very affordable given the purchasing power of the US buck... just thinking the MNY will have a more international following than many because of management's connections. Not that the Canadian buying public isn't very multicultural... increasingly so.
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