Q: Can you suggest any principal-protected US ETFs? For parking USD cash to earn a yield in a securities account. (The only product I can think of that has this profile is a HISA ETF.)
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello 5i,
If the best time to sell PSA is on or after the ex-dividend date, when is the best time to purchase? Is it the day before the ex-dividend date?
Thank you
D&J
If the best time to sell PSA is on or after the ex-dividend date, when is the best time to purchase? Is it the day before the ex-dividend date?
Thank you
D&J
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Purpose High Interest Savings Fund (PSA)
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Cash (CAD dollars) (CASH.CAD)
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Global X 0-3 Month T-Bill ETF (CBIL)
Q: What vehicle would be your top recommendation for parking cash for next 12 months. Thanks. Rick
Q: I currently have some cash sitting in CBIL and PSA. I am considering adding some cash to one of them. Do you have any preference?
Thanks Ken
Thanks Ken
Q: Hi team, I am a 65 year old dividend investor. I presently hold about 12% of my portfolio in Money Market Fund ZMMK while waiting to see what to buy next. I am wondering how this fund would react during a major market sell off. I know it is fairly safe but the fund has a short history. In your opinion how safe is ZMMK and during a sell off would funds gravitate towards it or would it sell off with the rest of the equity market? Thanks.
Q: Hi,
The scenario: I have 5 x $100K GICs in one self-directed account at a major bank. These GICs are issued by 5 different institutions ($100K ea.).
The question: if one of these institutions went to zero and its $100K GIC became worthless, would the $100K CDIC insurance apply to the loss?
In other words, in one account, does it still make sense, from a risk management perspective, to spread around purchases of GICs among different issuers (keeping each holding to $100K or less), recognizing only $100K of the $500K in total is insured?
Thank you, Michael
The scenario: I have 5 x $100K GICs in one self-directed account at a major bank. These GICs are issued by 5 different institutions ($100K ea.).
The question: if one of these institutions went to zero and its $100K GIC became worthless, would the $100K CDIC insurance apply to the loss?
In other words, in one account, does it still make sense, from a risk management perspective, to spread around purchases of GICs among different issuers (keeping each holding to $100K or less), recognizing only $100K of the $500K in total is insured?
Thank you, Michael
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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)
Q: Hello, Looking to take a position in a GIC type investment with the ability to withdraw funds quickly and with no penalty. I came across this fund, wondering your opinion? Do you prefer any other funds that fit this description? Thank you
Q: Good Morning, I liquidated my corporate holdings in order to realize substantial gains prior to the June 24, deadline.
Will be buying back some of the holdings and was thinking an ETF instead of individual holdings. Taking this opportunity to try to reduce holdings and re-organize portfolios.
Also, some of the funds will be needed in the next year. Was thinking fixed income ZST (Canadian dollars) and ZUS.U (US dollars)?
Your thoughts please.
Will be buying back some of the holdings and was thinking an ETF instead of individual holdings. Taking this opportunity to try to reduce holdings and re-organize portfolios.
Also, some of the funds will be needed in the next year. Was thinking fixed income ZST (Canadian dollars) and ZUS.U (US dollars)?
Your thoughts please.
Q: I am looking for a short term safe investment for Canadian and US cash in a non-registered account. CBIL according Global X website holds 0-3 month Canadian government bonds, but when purchasing on Questrade, 0-3 mo U.S. T-bill pops up - is CBIL US or Canadian bonds? With UBIL.U in a non-registered account will there be US withholding tax on the estimated 5.25% yield? Thanks!
Q: would you have any suggestions to park USD for a couple months against high yield instead of a GIC?
Q: I notice that lately, the Premium of stock price vs NAV has shrunk considerably to the level of .09 at this time. Is this because of lower Canadian interest rates and what is the likelihood of its trading below NAV if rates continue to decline from here? Thanks
Q: If it were your money, what would be your number one choice for parking a large sum of money ($200,000+) for a 3-8 month period to 1) maximize return, 2) minimize risk and 3) maximize liquidity. Can you please give me just one top choice for CND dollars as well as USD.
There seems to be a few options from reading previous questions but I am getting decision paralysis trying to compare them all, Your commens are most appreciated.
Scott
There seems to be a few options from reading previous questions but I am getting decision paralysis trying to compare them all, Your commens are most appreciated.
Scott
Q: I need to find a place to park a large amount of cash for the next 6 months - 1 year. the choices are GIC, CBIL, and HISA/CASH.TO.
I have looked to GIC and dislike it because the money is locked in for at least 1 year.
What are the risk associated with CBIL and HISA/CASH.TO. Is there risk of the holding company (Global X in this case) defaulting the money?
I have looked to GIC and dislike it because the money is locked in for at least 1 year.
What are the risk associated with CBIL and HISA/CASH.TO. Is there risk of the holding company (Global X in this case) defaulting the money?
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Global X Cash Maximizer Corporate Class ETF (HSAV)
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Global X High Interest Savings ETF (CASH)
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High Interest Savings Account ETF (HISA)
Q: I have a large sum of cash from a recent sale. I will need the funds in the next few months but would like to "put it to work" in the meantime. If it was your money, which of the myraid of options would you choose that offers safety, liquidity and max returns.
Many thanks
Scott
Many thanks
Scott
Q: It's been almost a year since I asked about this one (QTIP - Mackenzie US TIPS Index ETF (CAD-Hedged)). I've held it for over 3 years and it has certainly dropped (I'm down about 11%) and over the last 12 months it just seems to be flatlined between $ 83 and $87. Why should I want to keep this one vs. just selling it and moving $$ to something paying a higher dividend (maybe BCE or ENB) ? Or will dropping interest rate finally be the catalyst to breathe some life into this one ?
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Purpose US Cash Fund (PSU.U)
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Global X USD Cash Maximizer Corporate Class ETF (HSUV.U)
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US High Interest Savings Account Fund (HISU.U)
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Global X 0-3 Month U.S. T-Bill ETF (UBIL.U)
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CI U.S. Money Market ETF (UMNY.U)
Q: I often have a variable amount of cash in my USA trading account, while I am looking for trades. Which safe money market fund with a good dividend would you recommend that I can use for short term holds? For example for my Canadian funds I use CMNY, I can trade it like a stock using my TD account. I got that recommendation on BNN market call. It has been very useful. I would like a similar one for the USA. Thanks for all your great advice and service.
Q: Bank of Canada cut rate, would this impact CASH's yield? Thank you.
Q: Bloomberg article today summarized:
Forget the stock market or private credit. Fixed income will outstrip other asset classes after “a generational reset higher in bond yields,” according to Pacific Investment Management. “Active fixed income is positioned to perform well if there are no recessions over our secular horizon and to perform even better if there are,” Pimco’s Richard Clarida, Andrew Balls and Daniel Ivascyn wrote in an outlook released Tuesday. As prices climb and inflation recedes, they expect bonds will be even more attractive than cash.
Can you offer some guidance/thoughts on this? I’m a growth investor primarily in stocks, and not familiar with bonds.
Can we benefit from some torque? What would be your top ETF plays in this?
Forget the stock market or private credit. Fixed income will outstrip other asset classes after “a generational reset higher in bond yields,” according to Pacific Investment Management. “Active fixed income is positioned to perform well if there are no recessions over our secular horizon and to perform even better if there are,” Pimco’s Richard Clarida, Andrew Balls and Daniel Ivascyn wrote in an outlook released Tuesday. As prices climb and inflation recedes, they expect bonds will be even more attractive than cash.
Can you offer some guidance/thoughts on this? I’m a growth investor primarily in stocks, and not familiar with bonds.
Can we benefit from some torque? What would be your top ETF plays in this?
Q: Not having the ability to look into a crystal ball and see the future: How would you invest 500,000 CAD with a 6-month time frame in mind and the realization that there are capital gains and other factors to consider. Investment appetite is mildly-conservative.
Thanks for your ideas. Lesley
Thanks for your ideas. Lesley
Q: Im looking for a place to park some cash for my sons university costs and make a little bit of interest while it sits. Is CASH.TO a safe bet or do you have other recommendations.