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Money Market Fund
Our Money Market Fund is a stable, low-fee1 solution that aims to protect the value of your Investment even through volatile times in the market.
Key features
Capital preservation
Feel confident in any market with a conservative approach.
Liquidity
Invests in short-term investments so you can access your money easily.
Fixed income
Designed for investors who value stable income with investments in fixed income, cash, and cash equivalents.
We’ll gather some info from you to help make sure this Fund is a good fit for you.
Overview
This Fund invests 100% in fixed income, cash, and cash equivalents and is designed to be a low risk option while aiming for more modest returns for risk averse investors.
This Fund may be right for you if you’re:
| Term | Annualized returns^ as of [[REPORT.DATE]] net of fees |
|---|---|
| 1 year | NA |
| 3 years | NA |
| 5 years | NA |
| 10 years | NA |
| Inception | NA |
^Securities regulations do not allow us to display performance for a fund that has less than one year of performance data.
Allocation & holdings
| Fixed Income, Cash & Cash Equivalents | 100% |
Informational only: This is how we aim to manage your Portfolio. The percentages may change slightly over time.
100%
Fixed Income,
Cash & Cash Equivalents
Here’s the nitty-gritty stuff
- Details
- Fund Documents
| Unit Price as of [[BAL_INC.NAV.DAY.DATE]] | $10 |
| Fund Code | INI500 |
| Date series started | January 10th, 2024 |
| Total value of the Fund | $12.17 (as of June 30, 2024) |
| Distributions | Monthly |
| Management Expense Ratio (MER)1 | Not yet known |
^ Securities regulations do not allow us to display performance for a fund that has less than one year of performance data.
^ Securities regulations do not allow us to display performance for a fund that has less than one year of performance data.
Want to speak to an Investment Funds Advisor?
Our licenced Advisors are here for you if you need them. Speak with us at 1-877-464-5678. Monday to Friday, 8 am – 8 pm ET.
Take a look at our other Investment options
Core Portfolios
Tried, tested and true, these are our original Portfolios. They come with our history of helping Canadians reach their financial goals.
Global ETF Portfolios
A simple low-cost* way to have exposure to a selection of Exchange Traded Funds (ETFs) in a mutual fund.
Socially Responsible Global Portfolios
Socially Responsible investing, or SRI, is a strategy that considers not only the financial returns from an investment, but also its impact on environmental, ethical and social issues.
Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed or insured by the Canada Deposit Insurance Corporation or any other government deposit insurer, their values change frequently and past performance may not be repeated. There can be no assurances that a fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. All securities, including mutual funds present a risk of loss of capital.
1The Tangerine Money Market Fund's expenses are made up of the management fee (including trailing commission), operating expenses, trading costs, and fixed administration fee. The annual management fee is 0.50% and the annual fixed administration fee is 0.15% of the Fund’s value. Because this Fund is new, its operating expenses and trading costs are not yet available.
Distributions may consist of net income, dividends, net realized capital gains, and/or return of capital. Distributions are not guaranteed, and investors should not confuse a fund’s distribution yield with its performance or rate of return.
*A fund's expenses are made up of the management fee (including the trailing commission), operating expenses, trading costs, and fixed administration fee. The annual management fee is 0.80% of each Tangerine Core Portfolio, 0.50% of each Tangerine Global ETF Portfolio, and 0.55% of each Tangerine Socially Responsible Global Portfolio. The fixed administration fee is the same for all Tangerine Portfolios and is 0.15% of each Portfolio’s value.
Tangerine is a registered trademark of The Bank of Nova Scotia, used under license. Tangerine Investment Funds are managed by 1832 Asset Management L.P. Tangerine Investment Funds Limited is the principal distributor of Tangerine Investment Funds. Tangerine Investment Funds Limited and 1832 Asset Management L.P. are wholly owned subsidiaries of The Bank of Nova Scotia.
