Quarterly Update | Q3 2025 | EP200
October 10, 2025
23 Mins
Mawer Canadian Money Market Fund
As at September 30, 2025
Morningstar Rating™ *:
N/A
Fund Managers:
Crista Caughlin, CFA
Series Start Date:
Mar 31, 1988
Fund Net Asset Value:
$573.00 million
Total Net Asset Value (Series A):
$70.60 million
Net Asset Value Per Unit:
$10.00
RRSP Eligibility:
Yes
Management Expense Ratio† :
0.52% (as at 30 Jun 2025)
Fund Code:
MAW103
Related Links
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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% December 31, 2025 | 35.5 |
| Canadian Treasury Bill 0% October 22, 2025 | 20.1 |
| Canadian Treasury Bill 0% November 5, 2025 | 13.9 |
| Canadian Treasury Bill 0% December 17, 2025 | 5.4 |
| Canadian Treasury Bill 0% December 3, 2025 | 3.9 |
| Federation des Caisses Desjardins du Quebec 5.2% October 1, 2025 | 3.2 |
| Bank of Nova Scotia 5.5% December 29, 2025 | 3.2 |
| Cdn Imperial Bk Comm Commercial Paper 2026-01-16 | 3.1 |
| National Bank of Canada 5.3% November 3, 2025 | 2.7 |
| Enbridge Pipelines Inc. Commercial Paper 2025-10-14 | 2.6 |
| FORTISBC ENERGY INC. Commercial Paper 2025-11-26 | 2.6 |
| Canadian Treasury Bill 0% October 8, 2025 | 1.9 |
| Canadian Treasury Bill 0% November 19, 2025 | 1.7 |
| North West Redwater Partnership Commercial Paper 2025-10-30 | 0.7 |
| Cash and Cash Equivalents | -0.6 |
Net Performance‡
As at September 30, 2025
| 1 Yr | 3 Yr | 5 Yr | 10 Yr | |
|---|---|---|---|---|
| Mawer Canadian Money Market Fund | 2.6 | 3.5 | 2.2 | 1.3 |
| FTSE Canada 91 Day TBill Index | 3.3 | 4.3 | 2.8 | 1.9 |
| Morningstar Rating™ | 0 | 0 | 0 | 0 |
| Number of Funds in Morningstar Category | 0 | 0 | 0 | 0 |
| Number of Holdings§ | 14 | |||
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 | Q3 2025 | EP200
October 10, 2025
23 Mins
Disclaimers