ONE Money Market Portfolio
The ONE Money Market Portfolio is designed to provide competitive rates of return on short-term deposits available to municipalities. The ONE 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.
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
ONE Money Market Portfolio Guideline
Investment Management Canada