Make your surplus cash work for you
Mutual funds
- NBI Money Market Fund
- Minimum investment: $1,000
- No front- or back-end loads
- Effective liquidity management tools
Bankers' acceptances
- Minimum investment: $100,000
- A corporate-issued bearer note guaranteed by a bank
- Higher returns than Treasury bills, a wide choice of terms, and liquidity supported by a large secondary mark
Treasury bills
- Minimum investment: $25,000
- Canadian federal and provincial government issues with terms ranging from 30 days to 1 year
- The most liquid money market instruments
- For investors seeking liquidity and capital security
Commercial paper
- Commercial paper is an instrument issued by a well-established organization with a solid credit rating.
- This product offers a higher return than Treasury bills and bankers' acceptances, while remaining liquid and flexible.
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The little details that matter
1 Overdraft protection does not cover overdrafts caused by electronic funds transfers (EFTs). There must be sufficient funds in the account for a company to complete EFTs.