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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 May 01, 2018 12:12pm
149 Views
Post# 27964865

Odds are...

Odds are...
at least 3 to 1 the aforementioned rollback will happen any day now. Then what? Has MNY been a case of "no news is good news" because the bad news hasn't been reported? Positive news nuggets can be as good as gold sometimes... is management diligently diging around to find some? Or busy with other interests?
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