Investment Q&A

Q: Good morning,
which ETF, available at the moment, is the most effective for keeping cash without monthly distribution but rather a capital gain on resale?

Q: A couple of questions about HSAV: first, I wish to compare what is available on GICs to HSAV - what is the effective rate of interest being earned on dollars invested in HSAV? Second, it seems the premium paid for the price to invest compared to the NAV has risen in the last month - is there a reason why? And is there any way to predict if the premium will get any smaller in the next few weeks? Last, is there a fairly direct relationship between any reductions from the BoC to what is earned with HSAV, eg if the BoC reduces by 1%, does the effective rate earned with HSAV go down by 1%? Many thanks for your excellent service.

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: 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

Q: Hi, Is there a site giving the actual yield of all the HISA ETF’s? The distributions are already decreasing. I guess they are pretty similar, but they change monthly. PS: I do not think the dividend/yield on 5iResearch MarketData are up-to-date. Thanks.

Q: For a couple in their 70's with a 3 year time horizon, what ETF or ETFs would you suggest as relatively safe investments?

Q: If the Cdn $$ declines when rates go down, do you expect High-Interest ETF's that invest only in the Cdn $$ will also decline proportionately? Also what about HSAV and HSUV>U? Thanks

Q: Hello 5i,

Are there any other ETF 's similar to HSAV in CAD or US that do not distribute dividends and instead add the dividends to the value of the units?

Thank you!

Q: What are my best options for short term to park cash while gaining interest in a registered account, during BNN market call yesterday there was a discussion on a ETF [starting with P?] where interest is calculated daily until you hold the security.

Q: Horizons Etf have been bought by GLobal X. Should I be concerned they will modify these products?

Q: Hello, what do you think the unit price of HSAV will do when the BoC starts cutting rates, maybe in June? Will the unit price drop AND climb more slowly from then on, or not really drop but grow a little slower to reflect the new rates? Thanks

Q: Can you please suggest other ETFs in USD that have similar or better performance to HSAV.
Thanks again

Q: I really appreciated your explanation made today on this ETF.
Do gains/losses made holding this ETF comprise capital gains and losses only or do they include interest? You peaked my interest with this as I currently have a lot invested in GICs / money market and am not relishing the tax hit.
Thanks a lot

Q: Regarding HSAV I would appreciate an explanation on what impact "premium to NAV or discount to NAV" should have on my decision on when to buy this ETF. It is currently showing "Premium/Discount to NAV" of 0.68. I would like to buy now but I am not sure if this is an ideal time.
Thank you.

Q: Hi

Looking at my 96 year mother's Investment accounts, when she passes away, the estate is going to get nailed with this new capital gains tax. My mother is a buy hold type of investor having some stocks for 30 plus years.

Then you add cottages into the mix look out scout the estate is going to get nailed. Am I correct?

If the so called generation that was to receive a vast fortune with this new rule will be getting a lot less is this correct?.

In my case I am 68 have 1.5 million in a RRSP's and 2 million in cash. I receive 4 indexed pensions and have zero debt

Would it be wise in my situation (and others in this situation) to start withdrawing form my RRSP and setting up accounts for my children. Also start selling my mother's stocks that are up 300%, before this new budget become law.

Your comments and possible suggestions would be greatly appreciate.

Thanking you

Mike

Q: I have cash available to invest which I am not ready to deploy into the market. However I want to avoid interest income from HISA and bonds. I believe you have mentioned some funds/accounts where the money is reinvested in a way to produce a capital gain rather than interest income. I’m not thinking of stock etfs like HXT which do not create distributions.
Thanks for your help.

Q: Good morning, I’m looking to park some cash, both CAD and USD in a savings account ETF. What are your favorite, high yielding, ETF options? Thanks

Q: HSAV returned around 5% in the last year, if interest rates going forward do the inverse of last year, is it safe to assume the return of HSAV will also?

Q: Some time back, you mentioned a cash ETF that does not ay a distribution until the position is sold. Do you have the ticker for this one? Would they payments eventually be taxed as capital gains or interest income

Q: Hello 5i,
I would like to buy HSAV.ca for a 1 year hold but I’m concerned about the erosion of the .62% premium and
price in a declining rate environment. I appreciate your thoughts. Would you still consider it a buy. It seems to be the only tax efficient HSIA available in Canada so perhaps it will always maintain its demand. Thank you.
Brad