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IG Mackenzie U.S. Money Market Fund

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U.S. Money Market

NAVPS
(12-12-2024) 		$10.00
Change
$0.00 (0.00%)

As at November 30, 2024

As at September 30, 2024

Period
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Legend

IG Mackenzie U.S. Money Market Fund

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Fund Returns

Inception Return (May 21, 1997): 1.62%

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 0.29% 1.01% 2.07% 3.99% 4.32% 4.17% 3.02% 2.27% 1.89% 1.82% 1.68% 1.48% 1.32% 1.19%
Benchmark 0.40% 1.22% 2.44% 4.53% 4.95% 4.86% 3.70% 2.77% 2.33% 2.30% 2.22% 2.05% 1.85% 1.66%
Category Average 0.36% 1.22% 2.47% 4.72% 5.13% 4.97% 3.66% 2.75% 2.34% 2.29% 2.18% 1.99% 1.80% 1.63%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 0.31% 0.40% 0.33% 0.37% 0.43% 0.34% 0.32% 0.38% 0.36% 0.37% 0.33% 0.29%
Benchmark 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40%

Best Monthly Return Since Inception

0.47% (September 2023)

Worst Monthly Return Since Inception

0.00% (February 2015)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 0.06% 0.06% 0.07% 0.07% 0.95% 1.43% 0.31% 0.06% 0.98% 4.10%
Benchmark 0.03% 0.05% 0.28% 0.88% 1.87% 2.08% 0.44% 0.04% 1.76% 4.82%
Category Average 0.10% 0.14% 0.34% 0.71% 1.63% 2.04% 0.51% 0.07% 1.38% 4.91%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

4.10% (2023)

Worst Calendar Return (Last 10 years)

0.06% (2015)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 92.50
Foreign Corporate Bonds 7.50

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 92.50
Fixed Income 7.50

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
US Commercial Paper Disc #129273 8.56
Bank of Montreal 3.75% 25-Jul-2025 7.56
Royal Bank of Canada 5.62% 23-Jul-2026 7.50
Toronto-Dominion Bank 5.25% 10-Jan-2025 7.06
United States Dollars 5.52
Province of Quebec - Disc #129277 4.32
Bank of Nova Scotia 3.19% 03-Jun-2025 4.31
US Commercial Paper Disc #129259 4.00
US Commercial Paper Disc #129274 3.99
Ontario Teachers Finance Trust 1.38% 15-Apr-2025 3.91

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

IG Mackenzie U.S. Money Market Fund

Median

Other - U.S. Money Market

3 Yr Annualized

Standard Deviation 0.52% 0.56% 0.46%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino -0.06% -1.87% -2.68%
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 0.13% 0.52% 0.56% 0.46%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - -0.06% -1.87% -2.68%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date May 21, 1997
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Monthly
Assets ($mil) $18

Fund Codes

FundServ Code Load Code Sales Status
IGI123
IGI462

Investment Objectives

The Fund aims to provide secure current income, capital stability and liquidity by investing primarily in high-quality, short-term U.S. dollar denominated money market investments of Canadian issuers.

Investment Strategy

The Fund selects investments that include: short-term debt issued or guaranteed by the federal, provincial and municipal governments, including treasury bills; promissory notes; non-government obligations issued by chartered banks, including bankers’ acceptances and term deposits, foreign currency convertible deposits, floating rate notes and asset-backed securities; and commercial paper issued by corporations, including floating rate notes and asset-backed securities.

Portfolio Manager(s)

Name Start Date
I.G. Investment Management, Ltd. 12-09-2002
Steve Locke 09-29-2021
Felix Wong 09-29-2021
Jenny Wan 09-29-2021
Mark Hamlin 09-29-2021
Konstantin Boehmer 08-31-2022

Management and Organization

Fund Manager I.G. Investment Management, Ltd.
Advisor I.G. Investment Management, Ltd.
Custodian Canadian Imperial Bank of Commerce
Registrar I.G. Investment Management, Ltd.
Distributor Investors Group Financial Services Inc.
Auditor Deloitte LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 250
SWP Min Withdrawal 100

Fees

MER 1.16%
Management Fee 1.00%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.07%
Trailer Fee Max (LL) -

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