Short term and/or interest-bearing investments.
Canadian Money Market - lower risk, lower return.
- MONEY MARKET (PORTICO) PMM To provide interest income while maintaining liquidity and capital preservation. This Fund invests primarily in government securities and high quality corporate money market instruments maturing within one year. Portico’s investment team uses a consistent, measured and disciplined investment approach that integrates fundamental, quantitative and technical analysis to add value while managing risk. Markets are continually monitored for emerging opportunities. Sector and yield-curve opportunities are thoroughly assessed to help identify an optimal mix across term structures and federal, individual provinces, municipalities, corporate industry, and other fixed income investment vehicles.
Do you have one spouse (or common-law partner) with a pension, and one without? You may want to consider a Spousal RRSP!
Capital Group Registered Retirement Income Fund (RRIF)
When retirement hits and it's time to start drawing an income from your RRSPs, how do you do that?