To provide a reasonably stable level of current income, while also preserving capital, through investing in short-term debt instruments.
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.
Canada-focused: the portfolio manager invests primarily in money market instruments issued by Canadian governments and corporations.
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.
Estimated long-term mix:
Connor, Clark & Lunn Investment Management Ltd.