Pursues a steady flow of income while preserving capital primarily through investment in short term Canadian fixed income securities.
The Fund pursues its investment objective through direct investment primarily in bonds issued or guaranteed by Canadian governments, corporate bonds and money market securities with maturity dates of less than one year.
J Zechner uses investment strategies analyzing the expected direction of interest rates, the relative value between various terms to maturity and the relative value of individual issues.
Who Should Invest in this Fund
Investors seeking conservative short term fixed income returns and preservation of capital.
Cash & Equivalents reflects unsettled trades, fees and derivatives and any other cash and equivalents positions held within the Fund.
In the sector allocation, the calculations are based on the specific traits of each security related to that distribution, which can result in variations of the Cash & Equivalents weightings.
J ZECHNER ASSOCIATES
Managed the Fund Since
Joined the Firm
Began Investment Career
Jeff Herold, CFA
Chief Executive Officer, Lead Fixed Income Manager
Dax Letham, CFA
Chief Investment Officer, Portfolio Manager
Ian Clare, CFA
Fixed Income Manager
Founded in 1993, J Zechner Associates is an independent, partner-owned organization focused on serving the investment management needs of institutional clients, mutual funds, as well as high-net worth individuals and families. They emphasize an active, disciplined and team-based approach to money management in their three main areas of specialty: Canadian Equity, Canadian Fixed Income, and Balanced.
J Zechner Associates Inc. is portfolio sub-advisor in respect of the Natixis Canadian Cash Fund.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The performance data provided assumes reinvestment of distributions only and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. This is an annualized historical yield based on the seven-day period ended on the date as indicated above [annualized in the case of effective yield by compounding the seven-day return] and does not represent an actual one year return. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the money market 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 money market fund will be returned to you.
NGAM Canada LP (the “Manager”) currently reduces or absorbs all or any portion of the management fee and/or operating expenses of the Fund and can terminate the reduction or absorption at any time. The Manager expects to continue to absorb these fees or expenses until such time as the Fund is of sufficient size to reasonably absorb all fees and expenses. The MER for the Natixis Canadian Cash Fund, Series A would be 3.66% if the Manager had not reduced or absorbed these expenses.