Key stats
About ISHARES PREMIUM MONEY MARKET ETF UNITS
Expense ratio
0.14%
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Inception date
Feb 19, 2008
The fund provides exposure to corporate and government bonds with a remaining term of less than 90 days. Securities selected should be investment-grade that includes Treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, bankers acceptances and commercial paper, excluding asset-backed commercial paper, issued by Canadian chartered banks, loan companies, trust companies and corporations. As an actively managed fund, the portfolio managers can analyze market and financial data to make buy, sell, and hold decisions at their discretion.
Classification
What's in the fund
Exposure type
Corporate
Government
Municipal
Bonds, Cash & Other100.00%
Corporate49.76%
Government31.18%
Municipal10.14%
Cash8.12%
Miscellaneous0.80%
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