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Investment Q&A

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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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Global X 0-3 Month T-Bill ETF (CBIL)
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BMO USD Cash Management ETF (ZUCM.U)
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Q: Currently my entire allocation of money market funds is in PSA which currently pays just over 4%. However , rates are dropping in Canada. I am considering moving all my money market allocation to ZUCM which appears to be an American dollar money market paying over 5 % . I believe rates are less likely to decline in the US.
Do you like this strategy ?
Do you prefer a different American dollar money market account ?

Read Answer Asked by BOYD on January 09, 2025

BMO USD Cash Management ETF (ZUCM.U)
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Q: Currently all my money market funds are in PSA which pays just over 4%.
It looks like ZUCM.U may be a US dollar alternative paying just over 5% .
It feels like a no brainer to move all my PSA into ZUCM.U but I would like your opinion.

Read Answer Asked by BOYD on January 08, 2025

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