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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

Purpose Cash Management Fund Class A > Companies with $5m Ebitda have a market cap of $50m
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Comment by lscfaon Apr 25, 2017 1:35pm
115 Views
Post# 26163562

RE:RE:RE:Companies with $5m Ebitda have a market cap of $50m

RE:RE:RE:Companies with $5m Ebitda have a market cap of $50m
momo14 wrote: $0.21 per share! thanks lscfa bwhahaha
....wrong...if co. borrows the entire $10 mil US that is $7.5 mil in streaming debt which means 18,750 oz. due over 4 yrs. or 4,687.5 oz. per year or $3.5 mil per yr. in additional expenses ($750 per oz. x 4687.5 oz.)

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