NexGen Canadian Cash Fund

  • FUND FACTS
  • PRICES & PERFORMANCE
  • HOLDINGS & STATS
  • DOCUMENTS

Fund Inception Date:

September 5, 2006


Fund Assets:

(Includes all Canadian Cash Fund series)

$1,556,598


Management Fee:

 

1.00%

View Fee Chart
Portfolio Sub-Advisor:
Portfolio Managers:
Jeff Herold, CFA
Dax Letham, CFA
Ian Clare, CFA
  
 
 

 

 

Investment Objective

  • The Fund pursues a steady flow of income while preserving capital primarily through investment in short term Canadian fixed income securities.
  • The Fund will pursue 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. 

Who Should Invest in the Fund?

  • You are seeking conservative short term fixed income returns and preservation of your capital
  • You have a low tolerance for risk and require liquidity

Volatility Classification

 X        
Low       High

 

 

Investment Strategies

  • The portfolio sub-advisor, J. Zechner Associates Inc. 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. 


Yields
as of January 31, 2017

Series DSC Regular Front End Regular High Net Worth Ultra High Net Worth F Series Regular F Series HNW  
Current 7-day Yield 0.46 0.46 0.45 0.51 0.45 0.45  
Effective 7-day Yield 0.46 0.46 0.45 0.51 0.45 0.45  
 

Performance [ as of January 31, 2017 1, 2 ]

Series 1 mo. 3 mo. 6 mo. CYTD 1 yr. 3 yr. 5 yr. 10 yr. *Since
Inception
NexGen Canadian Cash Fund - FE - Regular 0.0 0.2 0.3 0.0 0.5 0.4 0.3 0.7 0.8
NexGen Canadian Cash Fund - FE - HNW 0.0 0.2 0.3 0.0 0.5 0.4 0.4 0.8 0.9
NexGen Canadian Cash Fund - FE - UHNW 0.0 0.2 0.3 0.0 0.5 0.4 0.4 0.9 1.0
NexGen Canadian Cash Fund - F - Regular 0.0 0.2 0.3 0.0 0.5 0.6 0.5 -- 0.8
NexGen Canadian Cash Fund - F - HNW 0.0 0.2 0.3 0.0 0.5 0.6 0.5 -- 0.9
NexGen Canadian Cash Fund - DSC - Regular 0.0 0.2 0.3 0.0 0.5 0.4 0.3 0.7 0.7
Benchmark - FTSE TMX Canada 30 Day T-Bill Index 0.04 0.12 0.25 0.04 0.46 0.63 0.76 1.19 1.31

1 Returns for 1 month, 3 month, 6 month and CYTD are simple rates of return. The returns for 1 year and Since Inception are annual compound rates of return. Assumes all dividends have been reinvested.
2 Returns represent fund performance and do not include any sales commissions or redemption fees payable by the investor.

Top 25 Holdings [ as of January 31 ]

Name Country Sector % of total holdings Market Value
MANITOBA T BILL 02/08/2017 CANADA PROVINCIAL SHORT TERM 25.40% 599,935
PROV OF ALBERTA 02/07/2017 CANADA PROVINCIAL SHORT TERM 21.10% 499,952
QUEBEC T BILL 02/24/2017 CANADA PROVINCIAL SHORT TERM 14.80% 349,871
BANK OF NOVA SCOTIA 02/01/2017 CANADA CORPORATE SHORT TERM 8.40% 200,000
ONTARIO TEACHERS FIN 03/08/2017 CANADA CORPORATE SHORT TERM 8.40% 199,842
MANULIFE BANK OF CANADA 1.50% 06/01/2018 CANADA CORPORATE FLOATING RATE NOTES 7.60% 180,000
CENTRAL 1 CREDIT UNION 1.52% 11/21/2018 CANADA CORPORATE FLOATING RATE NOTES 6.30% 150,000
ONTARIO T BILL 03/15/2017 CANADA PROVINCIAL SHORT TERM 4.20% 99,932
CASH & EQUIVALENTS? CANADA CASH & EQUIVALENTS? 2.20% 51,287
PROVINCE OF BRIT 03/03/2017 CANADA PROVINCIAL SHORT TERM 1.60% 39,981
Total Displayed     100.00% 2,370,799
Total Holdings       2,370,799

Portfolio Sector Allocation
[ as of January 31** ]

PROVINCIAL SHORT TERM 67.00%
CORPORATE SHORT TERM 16.90%
CORPORATE FLOATING RATE NOTES 13.90%
CASH & EQUIVALENTS? 2.20%
TOTAL 100.00%

Portfolio Geographic Allocation
[ as of January 31 ]

CANADA 100.00%
TOTAL 100.00%

** The Portfolio Sector Asset Allocations and Total Percentage Displayed in Top Holdings do not include non-cash working capital.

 

NexGen Canadian
Cash Fund Snapshot

 

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.