This fund is designed for investors who …
- Have a low risk tolerance and wish to temporarily invest money that is destined for a cash payout in the near future.
- Wish to grow their temporary cash with a minimum of risk and volatility during this period.
- Achieve a high level of income, while maintaining liquidity.
- Achieve stable returns and low volatility on its units.
- Invest primarily in debt instruments of top quality Canadian issuers.
- May also invest in debt instruments of Canadian and foreign issuers with a high credit rating.
Fund Facts are published once a year. Read them now.
Category: Canadian Money Market
Start Date: December 31, 1987
RRSP Admissibility: Yes, 100% eligible
Benchmark: DEX Treasury Bonds 91 days
Number of Securities: 50
Target Asset Mix:
- Short Term: 100%
*As at April 30, 2018
Main Securities as at September 30, 2018
|City of Sherbrooke 1.90% Mar. 01, 2019||7.00%|
|Société de transport de l’Outaouais 1.90% Apr. 11, 2019||6.80%|
|Town of Montreal West 2.60% Jan. 22, 2019||5.30%|
|Municipality of Les Îles-de-la-Madeleine 2.50% Dec.11, 2018||5.20%|
|City of Terrebonne 1.70% Aug. 29, 2019||5.20%|
|Société de transport de l’Outaouais 1.35% Nov. 09, 2018||4.40%|
|Société de transport de Laval 2.35% Oct. 21, 2019||4.00%|
|Town of Saint-Jérôme 2.00% Oct. 04, 2019||3.80%|
|City of Gatineau 1.70% Dec. 13, 2018||3.10%|
|City of Vaudreuil Dorion 2.25% Jul. 24, 2019||3.00%|
|City of Blainville 2.20% Jul. 24, 2019||2.70%|
|Town of Coaticook 2.50% Feb. 25, 2019||2.70%|
|City of Drummondville 2.60% Dec. 18, 2018||2.60%|
|City of Farnham 2.50% Feb. 05, 2019||2.60%|
|Réseau de transport de la Capitale 2.65% Nov. 14, 2018||2.60%|
|Société de transport de Longueuil 1.85% Apr. 19, 2019||2.50%|
|Metropolitan Community 1.75% Dec. 05, 2018||2.30%|
|Kativik Regional Government 1.75% Dec. 05, 2018||2.30%|
|City of Longueuil 2.65% Nov. 20, 2018||2.00%|
|City of Baie-Comeau 1.85% Dec. 05, 2019||1.80%|
|City of Magog 1.95% Nov. 01, 2019||1.80%|
|City of Salaberry-de-Valleyfield 1.80% Nov. 01, 2018||1.80%|
|Town of Amos 1.85% Feb. 27, 2019||1.80%|
|City of Baie-Comeau 1.70% Dec. 05, 2018||1.70%|
|City of Sept-Îles 1.75% Apr. 10, 2019||1.70%|
Net asset value as at September 30, 2018
|57 M $|
* Returns for the first and last year are not annualized
* Non annualized return
$1,000 Invested Amount since inception
Note that the results shown are for information purposes only. Commissions, trailing commissions, management fees and expenses all may be associated with investments ins FDP Portfolio’s. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns, including changes in portfolio value and reinvestment of all distributions, but do not take into account sales, redemption, distribution or optional charges or income taxes payable by an investor that would have reduced returns. References to indices are for information purposes only. Comparisons with indices may vary according to the portfolio size, investment timing, and mandate objective. The funds’ securities are not insured by the Canada Deposit Insurance Corporation. Mutual funds are not guaranteed, their value changes frequently, and past performance may not be repeated.
The Managers’ Comments are taken from the Management Report of Fund Performance (Operating Results), December 2018.
The FDP Cash Management Portfolio, Series A posted a net return of 1.4% for 2018, versus 0.8% for 2017.
Central banks continue to withdraw the emergency policies implemented in the wake of the 2008 financial crisis in an effort to return to more normal conditions. This strategic shift had repercussions on all markets, even if the yield increase should occur gradually and predictably.
- The U.S. Federal Reserve already began a rate increase cycle several quarters ago.
- Meanwhile, the Bank of Canada increased its bank rate by 125 basis points since the beginning of the tightening cycle.