Savings Fund

Objective

To provide a reasonably stable level of current income, while also preserving capital, through investing in short-term debt instruments.

Is This Fund For You?

You have a short investment time horizon (under 3 years) and a low tolerance for risk.  This is not a long-term investment vehicle; consider this fund if you are seeking a low-cost savings product.

Geographic Profile

Canada-focused: the portfolio manager invests primarily in money market instruments issued by Canadian governments and corporations.

Strategy

You require a new version of Flash.
Download Flash Now

Nothing fancy here, as capital preservation is key. The fund invests in a number of short-term debt instruments, including treasury bills, high-grade short-term corporate bonds, banker's acceptances and commerical paper. The manager seeks to add value by employing a combination of relatively conservative strategies to enhance the fund's yield.

Unitholder Responsibilities

  • This fund is designed as a savings product; make sure that it fits into your investment plan.
  • Understand that money market funds are not designed to provide you with inflation-adjusted growth. 
  • Do not invest capital that is earmarked for long-term growth in this fund.
  • Learn about Connor, Clark & Lunn and their investment philosophy. 

Portfolio Manager

Connor, Clark & Lunn

  • One of Canada’s premier independent money management firms.
  • Nearly $8 billion in fixed income assets under management.

Fee

  • All-in at $10,000: 0.65%
  • At $150,000: 0.61%
  • At $250,000: 0.57%
  • At >$250,000: Even less

See our Fee Calculator

Literature

Fund Profile: Sept. 30, 2008

Download Acrobat Reader to view PDF.

Questions?

If you have any questions about this fund, don't hesitate to contact us at :

1.888.888.3147

8am - 5pm Pacific Time (Mon-Fri) or via email:

info@steadyhand.com