|
Fund Background |
| Category | Canadian Money Market |
| Fund Family |
Great-West Life - NL |
| Total Assets in $millions
(2004-06-30)
|
45.581
|
| Year to Date Return |
0.6340%
|
| NAVPS (2004-08-09) |
$ 196.5264
|
| Daily Change |
$ +0.0165
|
| Effective yield (2004-08-09) |
|
| 52 week high yield |
|
| 52 week low yield |
|
|
Objective |
| This fund's main investment objective is to provide interest income. The other investment objectives are to protect the amount of money invested and to ensure that the money invested in the fund can be easily converted to cash. |
|
Strategy |
| This Fund invests primarily in high quality, short-term Canadian money market securities, such as treasury bills, bankers' acceptances and commercial paper. |
| Fund Operations |
| Inception: | 31-December-1980 |
| Management Company: | GWL Investment Management Ltd. |
| Managing Company since: | |
| Lead Manager: |
Les Taraschuk |
| Manager Since: | 1-May-1996 |
| Manager Tenure: |
8 years
|
|
|
| Returns (%) |
| |
3mo |
1yr avg |
3yr avg |
5yr avg |
| GWL*MMF.TO |
0.2570 |
1.5910 |
1.7690 |
2.6060 |
|
| Chart |
![](alt="[one-year)
big chart [] |
| Investment Information |
| New Investment |
Open |
| Currency | CAD |
| Min Initial Investment |
$ 300.00
|
| Min Subsequent Investment |
$ 50.00 |
| RRSP Eligible |
Yes |
| RESP Eligible |
No |
| Min Initial Investment (RRSP) |
$ 300.00
|
| Min Subsequent Investment (RRSP) |
$ 50.00
|
| Availability | AB,BC,MB,NB,NF,
NU,NS,NT,ON,PE,
PQ,SK,YT |
| Fees & Expenses |
| Management Fee |
1.25% |
| Load or No Load |
No Load |
| Choice of Front or Back Load |
No |
| Max Front End Load |
N/A |
| Max Back End Load |
N/A |
|
|
