| Portfolio | Highstreet Money Market Fund |
| Lead Portfolio Manager* | David Stonehouse |
| Benchmark** | Bloomberg Canada 1-3 Month T-Bill Index |
| Fund Report | October 2024 |
Objective
The investment objectives of the Fund are to provide investors with:
- Capital preservation and liquidity by investing in a diversified portfolio of high quality money market or debt instruments
- Yield that is similar to or better than the yield derived by the benchmark
- A steady flow of interest income
Process
Investments in the Fund are selected to provide an extensive schedule of maturities utilizing Federal and Provincial Treasury Bills, Bankers’ Acceptances, Floating Rate Notes, Corporate and Securitized commercial paper and corporate and government bonds to meet the investment objectives.
Performance Overview - Annualized Returns
| 3 MO % | YTD % | 1 Year % | 3 Year % | 5 Year % | 10 Year % | SPSD % |
|---|---|---|---|---|---|---|
| 1.2 | 3.8 | 5.1 | 3.5 | 2.3 | 1.6 | 2.0 |
Performance as of September 30th, 2024. Since Performance Start Date (PSD) - July 23, 2002. All information is in Canadian dollars. The performance presented is gross of management fees and administrative (fund) expenses and rates of return for greater than one year have been annualised. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all dividends and distributions. Performance is historical and is not intended to be indicative of future returns.
*Effective January 1, 2020, all members of the Highstreet Pooled Funds Investment Team are employees and registrants of AGF Investments Inc., an affiliate of Highstreet Asset Management Inc. Effective April 1, 2020 the Investment Fund Manager, Portfolio Manager and Trustee of the Highstreet Pooled Funds is AGF Investments Inc. The Highstreet Pooled Funds are investment vehicles offered exclusively to clients of Highstreet Asset Management Inc.
**The Bloomberg Barclays Canada 1-3 Month Treasury Bill Index tracks the market for treasury bills issued by the Canadian government with terms to maturity of 1-3 months.
**As of September 1, 2019, the Highstreet Money Market Fund’s Benchmark changed from the FTSE Canada 91 Day T‐Bill Index to the Bloomberg Canada 1–3 Month Treasury Bill Index (formerly Bloomberg Barclays Canada 1–3 Month Treasury Bill Index). The benchmark change was applied from that date forward.
The Highstreet Pooled Funds are prospectus-exempt products and are offered on a private placement basis. Units are offered on a continuous basis to investors who meet the definition of an ‘accredited investor’. Units of the funds are offered to residents in provinces and territories of Canada pursuant to exemptions set forth under National Instrument 45-106 from the prospectus requirements. Please read the offering memorandum before investing in Pooled Funds.