According to national instrument 81 102 what would be

12.
According to National Instrument 81-102, what would be an acceptable average term to maturity for ABC Money
Market Fund?
A.
180 days.
B.
120 days.
C.
91 days.
Good choice!
D.
60 days.
Feedback: The investment objective of a money market fund is to earn stable returns by investing in short-term
money market securities. These securities include Government of Canada T-bills, T-bills of other provinces, very-
short-term government securities other than T-bills, and high-quality corporate securities such as commercial paper
and bankers’ acceptances. As required by National Instrument 81-102, the term to maturity of these securities is less
than one year, and the average term to maturity of a money market fund must be 90 days or less.
Reference | Chapter 11 – Conservative Mutual Fund Products
13.
How often do money market funds distribute the earned income?

Reference | Chapter 11 – Conservative Mutual Fund Products
14.
Describe how the effective yield calculation treats the 7-days return?
Reference | Chapter 11 – Conservative Mutual Fund Products
15.
Select the correct statement about risk associated with conservative mutual funds.
Reference | Chapter 11 – Conservative Mutual Fund Products