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  5. CBIL: CBIL holds Canadian treasury bills and TDB2913 is a money market mutual fund. [Global X 0-3 Month T-Bill ETF]
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Q: CBIL holds Canadian treasury bills and TDB2913 is a money market mutual fund. It looks to me CBIL is safer with basically the same yield am I missing anything? Thanks
Asked by Mark on November 11, 2024
5i Research Answer:

While ETFs and mutual funds are not guaranteed, treasury bills are.  While we would consider money market funds to be very safe, we would consider a fund holding only government treasury bills to be technically safer. 

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