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5i Recent Questions
Q: How does an ETF like PSA pay 4.3% yield when interest rates are so low?
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Purpose High Interest Savings Fund (PSA)
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CI High Interest Savings ETF (CSAV)
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Global X High Interest Savings ETF (CASH)
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BMO Money Market Fund (ZMMK)
Q: I am looking to invest in these 4 names for my father after he sold his house. He is 92 so I would like something as 'risk-free' as possible, just income needed. Thinking 100k for each, just wondering about any risks involved aside from interest rate risk and inflation risk.
Thanks!
Scott
Thanks!
Scott
Q: Hi group want to park some $ in high interest saving account I have 2 question's )
- How is the return calculated ( as an example PSA pays out dividend monthly monthly does that mean if i cash out in the middle of the month that i do not get a pro rated amount based on my balance. Could you explain how that works. is it a daily calculation payable at the end of the month or what.
- if i buy a US high interest account would that be a benefit for a higher return compared to buying a high interest Cad saving acct.
- could you provide some actual comparisons using real returns and currency numbers
thanks for your help with this.
- How is the return calculated ( as an example PSA pays out dividend monthly monthly does that mean if i cash out in the middle of the month that i do not get a pro rated amount based on my balance. Could you explain how that works. is it a daily calculation payable at the end of the month or what.
- if i buy a US high interest account would that be a benefit for a higher return compared to buying a high interest Cad saving acct.
- could you provide some actual comparisons using real returns and currency numbers
thanks for your help with this.
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