- Purpose High Interest Savings Fund (PSA)
- Global X Cash Maximizer Corporate Class ETF (HSAV)
- Global X High Interest Savings ETF (CASH)
- High Interest Savings Account ETF (HISA)
Q: What are my best options for short term to park cash while gaining interest in a registered account, during BNN market call yesterday there was a discussion on a ETF [starting with P?] where interest is calculated daily until you hold the security.
5i Research Answer:
PSA, CASH and HISA are all attractive high interest ETFs offering good yields. HSAV is a total return fund that does not pay interest but gains are accumulated.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in PSA.