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IG Mackenzie U.S. Money Market Fund
U.S. Money Market
|
NAVPS (07-31-2026) |
$10.00 |
|---|---|
| Change |
$0.02
(0.23%)
|
As at June 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (May 21, 1997): 1.71%
| 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 | 0.24% | 0.69% | 1.40% | 1.40% | 3.06% | 3.45% | 3.75% | 3.54% | 2.84% | 2.37% | 2.16% | 2.07% | 1.88% | 1.69% |
| Benchmark | 0.29% | 0.89% | 1.78% | 1.78% | 3.78% | 4.21% | 4.46% | 4.31% | 3.49% | 2.91% | 2.68% | 2.62% | 2.48% | 2.28% |
| Category Average | 0.31% | 0.78% | 1.62% | 1.62% | 3.67% | 4.10% | 4.47% | 4.24% | 3.42% | 2.86% | 2.65% | 2.57% | 2.41% | 2.21% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.29% | 0.27% | 0.29% | 0.26% | 0.23% | 0.27% | 0.24% | 0.21% | 0.25% | 0.23% | 0.22% | 0.24% |
| Benchmark | 0.34% | 0.35% | 0.33% | 0.32% | 0.31% | 0.31% | 0.29% | 0.29% | 0.29% | 0.30% | 0.29% | 0.29% |
Best Monthly Return Since Inception
0.47% (September 2023)
Worst Monthly Return Since Inception
0.00% (February 2015)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.07% | 0.07% | 0.95% | 1.43% | 0.31% | 0.06% | 0.98% | 4.10% | 4.34% | 3.38% |
| Benchmark | 0.28% | 0.88% | 1.87% | 2.08% | 0.44% | 0.04% | 1.76% | 4.82% | 4.95% | 4.15% |
| Category Average | 0.34% | 0.71% | 1.63% | 2.04% | 0.51% | 0.07% | 1.38% | 4.91% | 5.17% | 4.04% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
Best Calendar Return (Last 10 years)
4.34% (2024)
Worst Calendar Return (Last 10 years)
0.06% (2021)
Asset Allocation
| Name | Percent |
|---|---|
| Cash and Equivalents | 95.13 |
| Canadian Government Bonds | 4.87 |
Sector Allocation
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 95.13 |
| Fixed Income | 4.87 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Province of Ontario - Disc #129527 | 8.86 |
| Royal Bank of Canada 5.11% 23-Jul-2026 | 7.59 |
| The Toronto-Dominion Bank 4.70% 05-Jun-2026 | 7.59 |
| Canadian Imperial Bank of Commerce 1.15% 08-Jul-2026 | 7.11 |
| The Bank of Nova Scotia 1.19% 13-Oct-2026 | 6.92 |
| CPPIB Capital Inc 0.88% 09-Sep-2026 | 4.87 |
| Ontario Teachers Finance Trust 0.88% 21-Sep-2026 | 4.68 |
| Province of Ontario - Disc #129549 | 4.63 |
| Bearer Deposit Note Disc #129529 | 4.51 |
| PSP Capital Inc 1.00% 29-Jun-2026 | 4.07 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
IG Mackenzie U.S. Money Market Fund
Median
Other - U.S. Money Market
3 Yr Annualized
| Standard Deviation | 0.21% | 0.47% | 0.48% |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | 21.53 | -0.49 | -2.25 |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.09% | 0.21% | 0.47% | 0.48% |
| Beta | - | - | - | - |
| Alpha | - | - | - | - |
| Rsquared | - | - | - | - |
| Sharpe | - | - | - | - |
| Sortino | 0.30 | 21.53 | -0.49 | -2.25 |
| 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) | $16 |
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 Management
| Portfolio Manager |
I.G. Investment Management, Ltd. |
|---|---|
| Sub-Advisor |
Mackenzie Financial Corporation
|
Management and Organization
| Fund Manager |
I.G. Investment Management, Ltd. |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
I.G. Investment Management, Ltd. |
| Distributor |
Investors Group Financial Services Inc. Investors Group Securities Inc. |
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 | 1.15% |
|---|---|
| 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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