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Public Storage (PSA)
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Global X Cash Maximizer Corporate Class ETF (HSAV)
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High Interest Savings Account ETF (HISA)
Q: For a couple in their 70's with a 3 year time horizon, what ETF or ETFs would you suggest as relatively safe investments?
5i Research Answer:
While we cannot personalize responses, with a somewhat shorter time horizon of three-years, we would prefer to lean fairly conservative. Currently, there are high-interest savings ETFs that are yielding roughly 5% in distribution yields per year. These yields are broadly tied to the Central Bank rate, and can be adjusted up or down at any time, but these ETFs can act as a proxy for a savings account with a close to 5% yield. Some of the ETFs that we like include: HSAV (no monthly distribution, but rather the interest earned is reinvested back into its NAV for capital appreciation), PSA, and HISA.