Scotia Premium Short-Term Income Fund (USD)
Fund overview
Fund risk
Fund risk - Low
Reasons to invest
Return potential
The Fund provides the potential for higher returns on short-term fixed income investments when compared to traditional money market solutions
Income
Enjoy an income component which complements the potential modest growth in capital
Safety
Suitable for investors across the risk spectrum, but especially for those with a low risk tolerance
Investment objective
The Fund seeks to provide liquidity and quarterly income by investing in USD-denominated short-term debt instruments including government securities, treasuries, CDs, repurchase agreements, global bonds, and other cash equivalents.
Fund characteristics
View the key features of the fund and the minimum amounts to start investing.
Minimum investment amounts
Fund purchase type |
Amount (USD) |
Minimum initial investment |
1,000 |
Minimum subsequent purchase |
100 |
Pre-authorized contribution |
100 |
Return potential
In a low-rate environment, adding exposure to longer-tenured securities may enhance yield relative to traditional money market investments
Lower volatility
The Fund is positioned with less risk relative to traditional fixed income investments
Liquidity
Provides investors with regular access to cash when needed
Professional management
Scotia Investments’ Fund Managers have been managing portfolios for over 20 years. They maintain a disciplined approach to fixed income investing that focuses on credit quality, duration and the interest rate cycle.
Pre-authorized contributions
You can set up a Pre-Authorized Contribution (PAC) to regularly invest in Funds. Investing regularly is one of the simplest ways to take advantage of market volatility and reduce the risks of market timing.
Performance
View trailing returns, fund holdings and outlook.
Scotia Premium Short-Term Income Fund (USD)
N/A | pdf : 126
KB
Quarterly fund highlights
N/A | pdf : 96
KB
Fund prices
Regulatory documents and resources
View fund prospectus and financial statements.
Prospectus
SIJL Unit Trusts Offering Circular
N/A | pdf : 296
KB
Financial Statements
Quarterly
Effective July 31, 2024
N/A | pdf : 467
KB
Effective April 30, 2024
N/A | pdf : 466
KB
Effective January 31, 2024
N/A | pdf : 466
KB
Effective October 31, 2023
N/A | pdf : 1
MB
Annual
Effective October 31, 2023
N/A | pdf : 513
KB
Effective October 31, 2022
N/A | pdf : 509
KB
Fund administrator
State Street Fund Services Toronto Inc.
State Street Financial Center
30 Adelaide Street East
Suite 1100
Toronto, Ontario
Canada M5C 3G6