Q: Are there any other ETFs in Canada that are structured in the same way as this where one gets no cash distribution at all but pays a capital gains tax only when sold. Thanks
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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.
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Purpose High Interest Savings Fund (PSA $50.05)
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CI High Interest Savings ETF (CSAV $50.06)
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Global X Cash Maximizer Corporate Class ETF (HSAV $115.55)
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Global X High Interest Savings ETF (CASH $50.03)
Q: Can you please recommend your favourite yield products for stability and income?
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Purpose High Interest Savings Fund (PSA $50.05)
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CI High Interest Savings ETF (CSAV $50.06)
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Global X Cash Maximizer Corporate Class ETF (HSAV $115.55)
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Global X High Interest Savings ETF (CASH $50.03)
Q: Good Day Team,
Is this a good time to go into cash and if so do you favor any of these listed?
Thank you,
John G.
Is this a good time to go into cash and if so do you favor any of these listed?
Thank you,
John G.
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Purpose High Interest Savings Fund (PSA $50.05)
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CI High Interest Savings ETF (CSAV $50.06)
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Global X Cash Maximizer Corporate Class ETF (HSAV $115.55)
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Global X High Interest Savings ETF (CASH $50.03)
Q: Strategy Question
If I had 200 - 300 000 in savings meant for a home purchase down payment in the next 1-3 years. I would be in the highest tax bracket. Besides GIC's what do you suggest parking this money in, what are safe and tax efficient alternatives.
If I had 200 - 300 000 in savings meant for a home purchase down payment in the next 1-3 years. I would be in the highest tax bracket. Besides GIC's what do you suggest parking this money in, what are safe and tax efficient alternatives.
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Purpose High Interest Savings Fund (PSA $50.05)
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CI High Interest Savings ETF (CSAV $50.06)
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Global X Cash Maximizer Corporate Class ETF (HSAV $115.55)
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Global X High Interest Savings ETF (CASH $50.03)
Q: Further to your reply to Gord on November 02, 2022, please explain why I should not simply select the ETF with the best historical "total return" if no tax implications (RSP or TFSA). My Koyfin Watchlist tells me that HSAV offered 0.32% more than the next best ETF over the past year (HSAV 2.40%; CASH 2.08%; PSA 2.02%; CSAV 2.01%). Are there liquidity issues with any of these ETFs? Or will their values move in different directions in rising rate or decreasing rate environments? I'm just trying to understand the different offerings, and unlike historical equity returns, can I just select the ETF that is offering the best historical total return - Thank you.
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Global X Cash Maximizer Corporate Class ETF (HSAV $115.55)
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Global X USD Cash Maximizer Corporate Class ETF (HSUV.U $115.62)
Q: Looking to park some US cash and some Cdn cash with a reasonable assurance of safety (CDIC aside) while avoiding interest income in favour of capital appreciation via Horizons corporate class structure using these 2 ETFs. Do you see these as a reasonable means of achieving the goal? Both ETFs have substantial amounts invested and seem to use a similar approach to generating returns yet HSAV has more erratic up and down performance. Why? Any cautions or concerns? Whatcha think - does this plan make sense? Thanks as always for your generous thoughts.
Q: With regard to your answer to Francisco earlier, high-interest savings ETFs are also available at National Bank Direct Brokerage.
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Global X Cash Maximizer Corporate Class ETF (HSAV $115.55)
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Global X High Interest Savings ETF (CASH $50.03)
Q: thanks for the info about CASH and HSAV.......looking at the price charts for both and both are rising up to the upper left......and this makes wonder - when interest rates start to fall, will the stock prices fall for both???
also if that is the case for one or both, what are the signs that I should watch more in order to sell out???...........many thanks for the guidance.......tom
also if that is the case for one or both, what are the signs that I should watch more in order to sell out???...........many thanks for the guidance.......tom
Q: I have cash in my US$ RRSP and would like to park it in a ETF like HSAV but I don't want to be clipped by TD if I move the cash to my CDN$ RRSP account. I noticed HYGH.US in your ETF model portfolio but it is not like HSAV. Any suggestions would be greatly welcome or if HYGH is the best then please advise. Thanks again.
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Purpose High Interest Savings Fund (PSA $50.05)
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Purpose US Cash Fund (PSU.U $100.15)
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CI High Interest Savings ETF (CSAV $50.06)
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Global X Cash Maximizer Corporate Class ETF (HSAV $115.55)
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Global X High Interest Savings ETF (CASH $50.03)
Q: I hope to retire in about a year. I'll have a comfortable defined benefit, I've used the portfolio analysis to diversify my investments. I have a sizeable cash amount earning nearly nothing at a bank. I have contemplated GIC's but don't like the idea of having my funds locked up in the event I would like to direct it to a project or investment .
Would there be a ETF /bond that would be relatively safe that would mirror the GIC returns?
Would there be a ETF /bond that would be relatively safe that would mirror the GIC returns?
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JPMorgan Ultra-Short Income ETF (JPST $50.52)
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Global X Cash Maximizer Corporate Class ETF (HSAV $115.55)
Q: To park your money short term without risk, do you advocate HSAV? What's about NSAV and HISA on the NE? As far as you know, does a similar product exist in US funds?
thanks
thanks
Q: i will have some new cash available from sale of industrial property and i am fully retired at 66 years of age . My wife owns another industrial property from which she draws a monthly income.
We currently have investorline account with each of our rrsp, tfsa, and a joint account.
I here a lot of noise out there in investment world regarding bond etfs being a poor investment at this time, as well as covered call etfs not being a good investment due to limiting upside potentialComments on this please.
But what is your opinion as to what etfs we should invest our new cash: considering Maw 104, VCNS , ZWH, VCIP, RWVG. also High interest savings accounts HSAV?
Thank you!
We currently have investorline account with each of our rrsp, tfsa, and a joint account.
I here a lot of noise out there in investment world regarding bond etfs being a poor investment at this time, as well as covered call etfs not being a good investment due to limiting upside potentialComments on this please.
But what is your opinion as to what etfs we should invest our new cash: considering Maw 104, VCNS , ZWH, VCIP, RWVG. also High interest savings accounts HSAV?
Thank you!
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BMO Ultra Short-Term Bond ETF (ZST $49.00)
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Global X Cash Maximizer Corporate Class ETF (HSAV $115.55)
Q: A couple questions on ZST. Deduct credits as needed.
Assuming this etf is held in a taxable account but the payout is taken in cash and not reinvested, will it make for a headache at tax time?Would HSAV be a better place to park cash in a taxable account?
It looks like every time this etf pays a distribution the price drops so even though the current yield is 2.17%, in reality you're only getting ~.5% return. Do I have this correct?
Thanks
Assuming this etf is held in a taxable account but the payout is taken in cash and not reinvested, will it make for a headache at tax time?Would HSAV be a better place to park cash in a taxable account?
It looks like every time this etf pays a distribution the price drops so even though the current yield is 2.17%, in reality you're only getting ~.5% return. Do I have this correct?
Thanks
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Purpose High Interest Savings Fund (PSA $50.05)
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CI High Interest Savings ETF (CSAV $50.06)
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Global X Cash Maximizer Corporate Class ETF (HSAV $115.55)
Q: Hi 5iTeam, In your answer to my previous question regarding XSB and XLB, you mentioned there are cash proxies that are less volatile than XSB. Would you please name these cash proxies.
Cheers,
Cheers,
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Purpose High Interest Savings Fund (PSA $50.05)
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Global X Cash Maximizer Corporate Class ETF (HSAV $115.55)
Q: Does 5i have a recommendation for parking cash looking out 1-2 years? Thanks, Bill
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Global X US 7-10 Year Treasury Bond Index Corporate Class ETF (HTB $58.42)
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Global X Cash Maximizer Corporate Class ETF (HSAV $115.55)
Q: I have most of my wealth in an unregistered account and would like to invest in the safety of Bonds or GIC's but I don't like that they get fully taxed. Are there any ETF's or funds you would suggest that use derivatives or some other wizardy to turn Bond/GIC income into dividends so they are taxed more favorably? All without giving the advantage back through high fees or MER?
Q: I am looking to invest in very safe very short term fixed income. I currently own PSA and CSAV in a non-registered account.
I am thinking of buying HSAV for an RRSP account and perhaps for a non-registered account. Your opinion please on HSAV - is it safe, has it been around long enough for liquidity purposes? Any comments on whether there is any preference or difference in owning this etf in either a registered versus a non-registered account? Thanks.
I am thinking of buying HSAV for an RRSP account and perhaps for a non-registered account. Your opinion please on HSAV - is it safe, has it been around long enough for liquidity purposes? Any comments on whether there is any preference or difference in owning this etf in either a registered versus a non-registered account? Thanks.
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Global X Equal Weight Canadian REITs Index Corporate Class ETF (HCRE $28.55)
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Global X Cash Maximizer Corporate Class ETF (HSAV $115.55)
Q: HSAV is a new offering by Horizons that looks similar to PSA but is a corporate class fund (estimated gross yield 2.25%). I would like to hold HSAV in an unregistered account - can you provide any info regarding this ETF. Also, HCRE is about 1 year old, but has only about 26M in assets and an average trading volume of about 1,700 - thanks for any comments/info you can provide re this ETF!!