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5i Recent Questions
Q: I'm comparing Psa and Hisa etfs and it appears Psa has a slightly better monthly payout. Am I correct? Thanks John
- Purpose High Interest Savings Fund (PSA)
- Global X High Interest Savings ETF (CASH)
- High Interest Savings Account ETF (HISA)
Q: Is there a cash holding to invest in that is not locked into a term (like a GIC but with no term), so, with full liquidity? I'm thinking of a high-interest type account within an RRSP so I can go to cash a few months in advance of need for the cash, but still incur interest on the cash as I wait to make a monthly withdrawal. I invest with RBC Direct Investing in case that's helpful - perhaps there is an RBC product that suits my needs.
- Enbridge Inc. (ENB)
- Restaurant Brands International Inc. (QSR)
- Toromont Industries Ltd. (TIH)
- Premium Brands Holdings Corporation (PBH)
- Purpose High Interest Savings Fund (PSA)
- Global X High Interest Savings ETF (CASH)
- Purpose Cash Management Fund (MNY)
- Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM)
Q: Hello
My GIC has just matured in my RRSP. The rates are low now and was thinking of putting the money in either of the above two ETFs which have a higher yield.
MNY has a higher interest but higher MER but better return overall however seems riskier then CASH. What would your suggestion be, would you have another favorite or would you invest in some other "safe" income instrument in the RRSP, ie ENB?
Thanks
Jeff
My GIC has just matured in my RRSP. The rates are low now and was thinking of putting the money in either of the above two ETFs which have a higher yield.
MNY has a higher interest but higher MER but better return overall however seems riskier then CASH. What would your suggestion be, would you have another favorite or would you invest in some other "safe" income instrument in the RRSP, ie ENB?
Thanks
Jeff
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