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Purpose High Interest Savings Fund (PSA)
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Horizons Cash Maximizer ETF (HSAV)
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Horizons High Interest Savings ETF (CASH)
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High Interest Savings Account ETF (HISA)
Q: The four referenced cash accounts pay roughly the same rate of return. Which of these are best in terms of risk and liquidity. What would you recommend for cash portions of the portfolio and which etf if any would you avoid. Thanks
Read Answer Asked by mitchell on September 20, 2023-
Purpose High Interest Savings Fund (PSA)
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Horizons Cash Maximizer ETF (HSAV)
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Horizons High Interest Savings ETF (CASH)
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Horizons 0-3 Month T-Bill ETF (CBIL)
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High Interest Savings Account ETF (HISA)
Q: Hi there,
With so many low risk, high yielding ETFs now that are producing better rates than savings accounts, which would be the best to hold in a non registered account, and why?
Thanks!
Q: Hi,
I was wondering if my interpretation of the timing of PSA's monthly payment is correct. My Investor's Edge account says for last month: "PURPOSE HIGH INTEREST SAVINGS FUND UNITS SAVINGS FUND UNITS DIST ON XXX SHS REC 07/28/23 PAY 08/08/23."
I take this to mean, if I hold the shares on 07/28 I will receive the dividend on 08/08. For this month, if I were to sell my PSA shares after 08/28/23, I would still receive the dividend in September. Do you think I have that correct?
Thank you. Michael