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  5. CBIL: I am looking for a short term safe investment for Canadian and US cash in a non-registered account. [Global X 0-3 Month T-Bill ETF]

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Q: I am looking for a short term safe investment for Canadian and US cash in a non-registered account. CBIL according Global X website holds 0-3 month Canadian government bonds, but when purchasing on Questrade, 0-3 mo U.S. T-bill pops up - is CBIL US or Canadian bonds? With UBIL.U in a non-registered account will there be US withholding tax on the estimated 5.25% yield? Thanks!
Asked by Grant on June 20, 2024
5i Research Answer:
CBIL invests in Canadian short term treasury securities. On UBIL, All Canadian-listed ETFs...
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