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Purpose High Interest Savings Fund (PSA)
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Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV)
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Dynamic Active Enhanced Yield Covered Options ETF (DXQ)
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Q: I hold psa in my tfsa for cash purposes. I am looking at moving proceeds to either hdiv or Dxq for cash holdings. Would you please compare these 2 etfs and would you recommend one over the other for stated purpose. Thanx.

Asked by Steve on June 25, 2024

5i Research Answer:

Both HDIV and DXQ are covered call ETFs. HDIV has a yield of 12.4% and uses 25% leverage,...

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in PSA.

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