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5i Recent Questions
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Purpose High Interest Savings Fund (PSA)
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Global X High Interest Savings ETF (CASH)
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High Interest Savings Account ETF (HISA)
Q: HI there,
I have a bit of cash sitting on the sidelines right now and would like to place it in a cash alternative ETF so that I am not losing money while I wait to invest it within the next few months. Are there any high interest savings ETFs you would recommend? Thank you.
I have a bit of cash sitting on the sidelines right now and would like to place it in a cash alternative ETF so that I am not losing money while I wait to invest it within the next few months. Are there any high interest savings ETFs you would recommend? Thank you.
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Purpose High Interest Savings Fund (PSA)
-
Global X High Interest Savings ETF (CASH)
-
High Interest Savings Account ETF (HISA)
Q: Best vehicle to park a bunch of cash in a brokerage account till the noise stops?
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Purpose High Interest Savings Fund (PSA)
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Global X Cash Maximizer Corporate Class ETF (HSAV)
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High Interest Savings Account ETF (HISA)
Q: Hi,
I was surprised to learn yesterday that a T3 form was provided to me from by bank for holding Purpose High Interest Savings Fund (PSA). It says there is a minuscule return of capital. I thought PSA would only provide interest as reported on a T5.
I went to the PSA website and sure enough, there is a ROC and has been since 2013. Do you know if this is typical of these high interest savings account ETFs and if there is another fund that is similar to PSA without the ROC component?
Thank you.
Michael
I was surprised to learn yesterday that a T3 form was provided to me from by bank for holding Purpose High Interest Savings Fund (PSA). It says there is a minuscule return of capital. I thought PSA would only provide interest as reported on a T5.
I went to the PSA website and sure enough, there is a ROC and has been since 2013. Do you know if this is typical of these high interest savings account ETFs and if there is another fund that is similar to PSA without the ROC component?
Thank you.
Michael
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