Q: Hi,
For fixed income, from your Q&A, it still make sense to have some holdings in inflation protected bond funds. In your opinion, would it be a good idea to shift most bond holdings into funds like these until inflation abates? What are your favourite inflation protected funds in the US and Canada?
Thank you, Michael
For fixed income, from your Q&A, it still make sense to have some holdings in inflation protected bond funds. In your opinion, would it be a good idea to shift most bond holdings into funds like these until inflation abates? What are your favourite inflation protected funds in the US and Canada?
Thank you, Michael
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BMO Short Corporate Bond Index ETF (ZCS)
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iShares Core Canadian Short Term Bond Index ETF (XSB)
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iShares TIPS Bond ETF (TIP)
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Schwab U.S. Tips ETF (SCHP)
Q: Which of QTIPS vs TIPS would you recommend given fees etc and how the US/CAD dollars would likely move in the event of longer term inflation? Any other bond investments that could provide better income and safety if 10-year yield continues to rise?
Q: please tell me where I am going wrong :
SCHP:US has an indicated dividend of $0.2664 paid monthly.
$0.2664 x 12 = $ 3.1968 annual dividend.
3.1968 / 62.00 (June 03 closing price) = 0.05156 x 100 = 5.156 % yield.
Both TMX and your data provider show a yield of ~ 2.98%
thanks for clarifying.
Terrance
SCHP:US has an indicated dividend of $0.2664 paid monthly.
$0.2664 x 12 = $ 3.1968 annual dividend.
3.1968 / 62.00 (June 03 closing price) = 0.05156 x 100 = 5.156 % yield.
Both TMX and your data provider show a yield of ~ 2.98%
thanks for clarifying.
Terrance