Money Market Portfolio

An Ideal Vehicle for Short-term Municipal Reserves

The One Money Market Portfolio is designed to provide competitive rates of return on short-term deposits available to municipalities. The Money Market Portfolio retains a diversified portfolio of short-term money market securities, providing a high degree of liquidity and safety of principal. The Portfolio holds a variety of fixed-rate securities maturing in less than one year and, to a lesser extent, floating rate notes maturing in less than three years.

Investment Horizon

With an investment horizon of 18 months or less, municipalities will find the One Money Market Portfolio suitable for:
  • Current year operating funds
  • Capital funds to be expended in the next 18 months
  • Short-term ‘parking’ while long-term investment decisions are contemplated

Portfolio Manager
MFS Investment Management Canada

 

Contact

LAS

T 416.971.9856
TF 1.877.426.6527
F 416.971.6191

 
Calvin Barrett
Manager of Accounting and Corporate Services, MFOA/CHUMS

T 416.362.9001 ext. 229