Q: I知 recently retired and looking to set up a 2-year cash wedge inside my RRSP account. I already have about 20% invested in CBIL. I知 trying to decide if I should keep adding to CBIL or invest in something like ZMMK. I知 leaning towards ZMMK because of the slightly better current return, bigger size and maybe it will retain a slightly higher return in the future assuming interest rates continue to go down? Does this make sense? Is there a better instrument(s) to use to set up a cash wedge? Am I simply overthinking this 😊!
5i Research Answer:
It is probably over-thinking. Most of these 'short term' cash ETFs have very similar maturities...