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Purpose High Interest Savings Fund (PSA)
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CI High Interest Savings ETF (CSAV)
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Global X High Interest Savings ETF (CASH)
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Q: I am looking to invest in these 4 names for my father after he sold his house. He is 92 so I would like something as 'risk-free' as possible, just income needed. Thinking 100k for each, just wondering about any risks involved aside from interest rate risk and inflation risk.
Thanks!
Scott

Asked by scott on February 11, 2025

5i Research Answer:

We would have no qualms about investing in these four. Note they are not specifically guaranteed, however. But they invest in high interest savings accounts and money market securities (ZMMK). We would consider them as safe as one can get without a guarantee.

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