The Integra Short-Term Investment Fund will be renamed as the Lincluden Short-Term Investment Fund, effective today.
Integra Capital Limited remains the manager and trustee of the fund, however.
Lincluden Investment Management is the sub-advisor for the fund. It invests in a wider range of short-term securities, as well as in addition Government of Canada treasury bills.
The fund’s primary focus is preservation of capital, but it’s permitted to invest in high-yielding products like bankers’ acceptances and corporate paper rated R-1, excluding asset backed commercial paper and structured investment vehicles.