The fund provides exposure to short-term Government of Canada Treasury Bills. Seeking to provide interest income, the fund targets T-bills denominated in Canadian dollars with remaining maturities of less than three months. The fund is a money market fund, meeting Canadian regulations, and designed as a low-risk cash vehicle. The fund manager is expected to maintain the target duration of 90 days or less within a certain band. As an actively managed ETF, the fund manager still has full discretion to make any investment decision, such as buying, holding and selling investments, at any time.