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  5. HSAV: Hi, I am parking some cash in an investment account both CAN and US $, I will not need the funds for quite a few years, I am thinking 50% of the amount in each account to PSA and PSU. [Global X Cash Maximizer Corporate Class ETF]
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Q: Hi, I am parking some cash in an investment account both CAN and US $, I will not need the funds for quite a few years, I am thinking 50% of the amount in each account to PSA and PSU.U. Could you suggest a CAN etf and US etf that I should consider for the other 50% in each.
Asked by Peter on January 09, 2025
5i Research Answer:

Assuming a taxable account and no need for income we would suggest HSAV, which pays no distributions so the tax burden is shifted to capital gains. For US dollars, we would suggest UCSH.U

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