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Counsel Money Market Series A

Canadian Money Market

NAVPS
(02-11-2025)
$10.00
Change
$0.00 (0.00%)

As at January 31, 2025

As at November 30, 2024

Period
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Legend

Counsel Money Market Series A

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Fund Returns

Inception Return (February 15, 2000): 1.45%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.21% 0.70% 1.63% 0.21% 3.78% 3.97% 3.17% 2.40% 1.95% 1.73% 1.55% 1.37% 1.23% 1.13%
Benchmark 0.26% 0.83% 1.87% 0.26% 4.32% 4.54% 3.79% 2.86% 2.37% 2.25% 2.13% 1.95% 1.79% 1.66%
Category Average 0.24% 0.75% 1.70% 0.24% 3.86% 3.98% 3.15% 2.32% 1.92% 1.79% 1.65% 1.48% 1.35% 1.22%
Category Rank 235 / 277 231 / 276 229 / 274 235 / 277 219 / 265 199 / 247 182 / 230 175 / 226 172 / 215 166 / 200 151 / 185 143 / 177 138 / 169 134 / 165
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund 0.35% 0.33% 0.38% 0.36% 0.32% 0.36% 0.32% 0.32% 0.29% 0.24% 0.24% 0.21%
Benchmark 0.40% 0.40% 0.41% 0.40% 0.39% 0.38% 0.36% 0.34% 0.33% 0.29% 0.28% 0.26%

Best Monthly Return Since Inception

3.10% (September 2000)

Worst Monthly Return Since Inception

0.00% (March 2000)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.26% 0.16% 0.11% 0.39% 0.66% 0.22% 0.11% 1.30% 4.08% 3.96%
Benchmark 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71% 4.47%
Category Average 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06% 4.01%
Quartile Ranking 3 3 4 4 4 4 2 4 4 4
Category Rank 90/ 164 105/ 169 150/ 177 175/ 184 192/ 200 190/ 213 82/ 226 175/ 230 195/ 240 210/ 263

Best Calendar Return (Last 10 years)

4.08% (2023)

Worst Calendar Return (Last 10 years)

0.11% (2017)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 99.97
Canadian Corporate Bonds 0.02
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 99.98
Financial Services 0.02

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Prov. of Nova Scotia - Disc #6578 30.95
Prov. of Newfoundland & Lab D #6515 9.77
Prov. of Newfoundland & Lab D #6511 6.98
National Bank of Canada 24-Jan-2025 3.78
Bearer Deposit Note Disc #6575 3.03
Corporate Short Term Dsc #6600 3.00
Bearer Deposit Note Disc #6574 2.56
Toronto City 2.45% 06-Feb-2025 2.34
Province of P.E.I. - Disc #6470 2.33
Corporate Short Term Dsc #6588 2.29

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Counsel Money Market Series A

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.41% 0.53% 0.44%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino 0.40% -1.84% -2.73%
Treynor - - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.18% 0.41% 0.53% 0.44%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino 17.62% 0.40% -1.84% -2.73%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date February 15, 2000
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $29

Fund Codes

FundServ Code Load Code Sales Status
CGF004
CGF204
CGF304

Investment Objectives

The investment objective of Counsel Money Market is to seek current income and preservation of invested capital by investing primarily in short-term, Canadian money market instruments.

Investment Strategy

The assets of the Fund are primarily invested in Canadian money market instruments and short-term bonds with remaining terms to maturity of 365 days or less and an approved credit rating including treasury bills, banker’s acceptances and commercial paper. The Fund is expected to maintain a constant NAV of $10.00 because income of the Fund is accrued to investor accounts daily. The Fund may engage in securities lending, repurchase and reverse repurchase transactions to earn additional income.

Portfolio Manager(s)

Name Start Date
Canada Life Investment Management Ltd. 10-28-2009
Mackenzie Financial Corporation 11-20-2012

Management and Organization

Fund Manager Canada Life Investment Management Ltd.
Advisor Canada Life Investment Management Ltd.
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor Deloitte & Touche

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 0

Fees

MER 0.89%
Management Fee 0.65%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 4.00%
Trailer Fee Max (FE) 0.25%
Trailer Fee Max (DSC) 0.25%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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