Q: Is a 10% position in HSAV a safe investment for people in their 80's not wanting any income and will never need the funds? Is it safe to buy now?
5i Research Answer:
It is important to note that HSAV is not guaranteed and can at times trade at a premium. Thus, depending on timing, one can see a lower than expected return if the buy/sell are done at inopportune premiums. But we would consider the ETF about as safe as an investor can get without an explicit guarantee. We would be comfortable buying today.