Income Funds -
Money Market Funds –
Has the lowest level of risk. Invests in short term investments
such as
T-Bill and term deposits.
Mortgage Funds –
Has a low level of risk – Invests in residential first
mortgages with maturities from one to five years.
Bond Funds – Has
a low to moderate level of risk – Invests in bonds
and debentures issued by governments and corporations.
Dividend Funds –
Has a moderate level of risk – Invests in high-yield
preferred shares and dividend paying common shares of Canadian
companies.
Growth Funds –
Equity Funds – Has
a high level of risk – Invests in common shares of
corporations and securities convertible into common shares.
International and Global Funds
– Has a moderate to high level of risk –
Invests in securities from specific industry, economic sector,
geographical area.
Real Estate Funds –
Has a moderate to high level of risk – Invests in
commercial and industrial property.
Combined Funds –
Balanced Funds –
Has a moderate level of risk – Invests in bonds, preferred
shares and common shares in proportion to a fund’s
investment objectives.
Asset Allocation Funds –
Has a moderate to high level of risk – Invests in
bonds, preferred shares and common shares with no restrictions
on proportions.
Index Funds – The
level of risk depends on the index – Index funds try
to match the securities of a specific index, such as the
TSX (formally TSE 300)
Commissions, trailing commissions, management fees and expenses all may be associated
with mutual fund investments. Please read the prospectus before investing. Mutual funds
are not guaranteed, their values change frequently and past performance may not be repeated.
