Scotia Premium Money Market Fund (PMMF)
Scotia Premium Money Market Fund is ideal for investors looking for a regular stream of income without having to tie-up their money for specific periods of time.
Get one step closer to your dreams by investing with Scotia Investments.
Supplement Your Income
The Scotia Premium Money Market is a liquid investment that aims to provide Unit Holders with liquidity and preservation of capital. Income distribution can be automatically reinvested by purchasing more units of the Fund, and are subject to withholding tax.
No Penalties. No charges.
Get easy access to all of your money when you need it with no charges or penalties on withdrawals. Now you can have the freedom you need to boost your income.
Convenience
The Fund allows investors to either have income distribution reinvested automatically or deposited to their Scotiabank Account or their Scotia Investments CMA Account.
No Lock-Up Period!
The Scotia Premium Money Market Fund provides the investors with the added benefit of no minimum holding period and daily pricing on units. Enjoy flexibility with a fund that is more liquid than a repo.
How to get Started
The minimum investment in the Scotia Premium Money Market Fund is $350,000 with Subsequent purchases valued at least $100,000.
Find out more today.
The Scotia Premium Money Market, Fixed Income and Growth Funds are distributed by Scotia Investments Jamaica Limited, a corporate entity separate from, although owned by, The Bank of Nova Scotia. Commissions, management fees and expenses may be associated with the mutual funds or unit trust investments. Important information about Scotia Premium, Fixed Income and Growth Funds are contained in the Funds’ Offering Circulars. Copies are available from Scotia Investments branches and Investment Advisors and should be read carefully before investing.Share values and invest returns for the Funds may fluctuate. Past performance is not indicative of future performance. Investments in Scotiabank mutual funds and unit trusts are not guaranteed, and are not insured by the Jamaica Deposit Insurance Corporation (JDIC) and are not guaranteed by the Bank of Nova Scotia or its affiliates. Residents of Canada and US persons are not eligible to invest in this Fund. * The Fund is offered by Scotia Asset Management (Jamaica) Limited and distributed by Scotia Investments, a corporate entity separate from, although majority owned by the Bank of Nova Scotia. The Fund may refuse purchase from clients in certain circumstances.