Quarterly Update | Q2 2026 | EP 221
July 15, 2026
27 Mins
Mawer Canadian Money Market Fund
As at June 30, 2026
Morningstar Rating™ *:
N/A
Fund Managers:
Crista Caughlin, CFA
Series Start Date:
Mar 31, 1988
Fund Net Asset Value:
$413.10 million
Total Net Asset Value (Series F):
$55.40 million
Net Asset Value Per Unit:
$10.00
RRSP Eligibility:
Yes
Management Expense Ratio† :
0.52% (as at June 30, 2026)
Fund Code:
MAW103
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What Does this Fund Invest In?
This Fund invests in government treasury bills and bonds and corporate obligations maturing in 365 days or less. The Fund will have a dollar weighted average term to maturity of no more than 180 days, subject to certain condition.
Investor Suitability
Investors seeking income from short term investments. Low risk.
Investment Strategy
Strategies used to achieve this Fund’s objective include interest rate anticipation, yield analysis, credit and spread analysis, and taking advantage of supply and demand anomalies.
Top Holdings
| Top Holdings | Weight (%) |
|---|---|
| Canadian Treasury Bill 0% September 23, 2026 | 8.7 |
| Nova Scotia T-Bill 0% August 13, 2026 | 7.2 |
| Prov Brit Columbia Promissory Note 2026-08-19 | 6.0 |
| Toronto Dominion Bk Depository Note 2026-07-08 | 4.8 |
| Newfoundland T-Bill 0% July 23, 2026 | 4.8 |
| Prov of Alta Promissory Note 2026-07-24 | 4.8 |
| Province of Manitoba Canada T-Bill 0% August 12, 2026 | 4.8 |
| Alberta T-Bill 0% September 8, 2026 | 4.8 |
| Royal Bk Cda Depository Note 2026-10-06 | 4.8 |
| Canadian Treasury Bill 0% September 9, 2026 | 4.5 |
| Canadian Imperial Bank of Commerce 5% December 7, 2026 | 4.4 |
| Bank of Nova Scotia 2.95% March 8, 2027 | 4.4 |
| Nova Scotia T-Bill 0% July 16, 2026 | 3.9 |
| Province of Manitoba Canada T-Bill 0% July 29, 2026 | 3.6 |
| Province of New Brunswick Canada T-Bill 0% August 6, 2026 | 3.6 |
| Bank of Montreal 2.7% December 9, 2026 | 2.7 |
| Nestle Cap Cda Commercial Paper 2026-07-28 | 2.7 |
| Enbridge Pipelines Inc Commercial Paper 2026-07-22 | 2.4 |
| FortisBC Inc Commercial Paper 2026-08-25 | 2.4 |
| FORTISBC ENERGY Commercial Paper 2026-08-27 | 1.9 |
| Bank of Montreal 3.65% April 1, 2027 | 1.9 |
| City Ottawa Promissory Note 2026-07-22 | 1.8 |
| Enbridge Pipelines Inc Commercial Paper 2026-07-17 | 1.4 |
| Commercial Paper 2026-07-07 | 1.2 |
| Nestle Cap Cda Commercial Paper 2026-07-30 | 1.2 |
Net Performance‡
As at June 30, 2026
| 1 Yr | 3 Yr | 5 Yr | 10 Yr | |
|---|---|---|---|---|
| Mawer Canadian Money Market Fund | 2.0 | 3.2 | 2.5 | 1.5 |
| FTSE Canada 91 Day TBill Index | 2.5 | 3.8 | 3.1 | 2.0 |
| Morningstar Rating™ | - | - | - | - |
| Number of Funds in Morningstar Category | - | - | - | - |
| Number of Holdings§ | 30 | |||
Current yield is 2.06% which is an annualized historical yield based on 7-day
period ended Sept 30, 2025. This does not represent actual 1-year return.
Related Links
Quarterly Update | Q2 2026 | EP 221
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Disclaimers