Investment Q&A

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Purpose High Interest Savings Fund (PSA)
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Q: Can you explain the differences between money market funds PSA and CIB238? Which generally provides the better rate of return? Looking for somewhere to park money when not in use. Which would you recommend?

Asked on January 08, 2025

5i Research Answer:

Money market funds, such as CIB238 are mutual funds, which differ from PSA which is an ETF....

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