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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.

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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 is invested  in cash, cash equivalents and high quality, short-term fixed income securities. It is designed to be a low risk option for risk averse or short-term investors.

This Fund may be right for you if you:

  • Are a low risk investor and want to protect your initial investment from fluctuating up and down.
  • Are investing for the short-term, and need to access your money soon.
  • Want regular monthly cash flow.
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TermAnnualized % returns as of [[REPORT.DATE]] net of fees
1 year3.52%
3 years-
5 years-
10 years-
Inception3.68%


Explore historical performance.

Allocation & holdings

Short-Term Fixed Income
Short-Term Fixed Income61.42%
Corporate Bonds - CDNTBD%
Cash and Cash Equivalents
Cash and other Net Assets38.58%

Informational only: This is how we aim to manage your Portfolio. The percentages may change slightly over time.

61.42%

Short-Term
Fixed Income

38.58%

Cash & Cash
Equivalent

Low

Risk

Here’s the nitty-gritty stuff

Unit Price as of [[BAL_INC.NAV.DAY.DATE]][[MMF.NAV.DAY.VALUE]]
Fund CodeINI500
Inception DateJanuary 25, 2024
Total value of the Fund
(millions)		$70.01
(as of [[REPORT.DATE]])
DistributionsMonthly
7 Day Yield % 1 
Management Expense Ratio (MER)20.77%

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.

Call 1-877-464-5678

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. There can be no assurances that the fund will be able to maintain its net asset value per unit at a constant amount or that the full amount of your investment in the fund will be returned to you. Past performance may not be repeated.

1The MER for the period ended June 30, 2024 was 0.77%, for the Tangerine Money Market Fund, after applicable waivers and absorptions by the manager.

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.

*The MER for the period ended June 30, 2024 was 0.76% for the Tangerine Global ETF Portfolios, after applicable waivers and absorptions by the manager.

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.

Regulated by Canadian Investment Regulatory Organization