Purpose Cash Management Fund (MNY.TO)

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This actively managed fund primarily allocates its capital to premium corporate bonds that mature in a year or less. Its investment strategy aims to deliver significant income, safeguard principal, and maintain high liquidity. To a lesser degree, it also incorporates short-term debt instruments, such as treasury bills or obligations issued or guaranteed by Canadian governmental bodies and their agencies. The fund judiciously invests in bank-sponsored, asset-backed commercial paper to boost returns while consistently upholding strong credit quality. For additional revenue, it has the option to engage in securities lending and various repurchase agreements, including reverse repurchase transactions. This offering is tailored for investors desiring a highly liquid, short-term investment vehicle. Before August 23, 2022, this fund operated under the name Purpose Cash Management Portfolio.