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iShares S&P/TSX Canadian Preferred Share Index ETF (CPD $13.88)
- $13.88 P/E (TTM): 6.96X Cap: $1.06B
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BMO Covered Call Canadian Banks ETF (ZWB $25.18)
- $25.18 P/E (TTM): 15.51X
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Vanguard Canadian Short-Term Bond Index ETF (VSB $23.36)
- $23.36 Cap: $1.61B
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Global X Cash Maximizer Corporate Class ETF (HSAV $118.00)
- $118.00 Cap: $1.93B
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BMO Money Market Fund (ZMMK $49.88)
- $49.88 Cap: $5.42B
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Harvest Canadian T-Bill ETF (TBIL $50.05)
- $50.05 Cap: $142M
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Q: In the current environment, of the above etfs, in a taxable account, where would you cash for a 1 year hold for 1) low risk; 2) moderate risk ? Is there another vehicle you like better ? Thank you.
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iShares Core Canadian Short Term Bond Index ETF (XSB $26.91)
- $26.91 P/E (TTM): 45.21X Cap: $3.82B
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Vanguard Canadian Short-Term Bond Index ETF (VSB $23.36)
- $23.36 Cap: $1.61B
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BMO Short-Term Bond Index ETF (ZSB $48.92)
- $48.92 Cap: $167M
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Q: Could you please recommend a few good ETFs that deal with short term bonds? I listened to a webinar last week that suggested these and I don't know which ones to look at.
Many thanks as ever,
Marilyn
Many thanks as ever,
Marilyn
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Evolve Canadian Aggregate Bond Enhanced Yield Fund (AGG $18.68)
- $18.68 P/E (TTM): 31.38X Cap: $47M
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iShares Core Canadian Short Term Bond Index ETF (XSB $26.91)
- $26.91 P/E (TTM): 45.21X Cap: $3.82B
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Vanguard Canadian Aggregate Bond Index ETF (VAB $22.85)
- $22.85 Cap: $6.99B
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Vanguard Canadian Short-Term Bond Index ETF (VSB $23.36)
- $23.36 Cap: $1.61B
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Vanguard Intermediate-Term Corporate Bond ETF (VCIT $82.71)
- $82.71 P/E (TTM): 412.13X Cap: $66.40B
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BMO Asset Management Inc (ZTS)
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State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL $91.54)
- $91.54 Cap: $44.87B
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Q: Hello 5i,
We were reading a report on the risk for corporate bonds due to a tightening of spreads. Our goal from a previous question is to protect funds needed in the next 3 years to augment CPP and OAS (no pensions).
We added bonds, but that plan may require a new assessment. Currently, our portfolio has a small position (2%) of Bonds consisting of AGT, VCLT, VCIT, & VAB. We also have laddered GIC’s for 5 years, plus PSA & BIL (for vacations in the US).
We are looking at replacing AGT & VAB with PSA and VCLT & VCIT with BIL. Do you have any other suggestions that may meet our goals?
Thank you
D&J
We were reading a report on the risk for corporate bonds due to a tightening of spreads. Our goal from a previous question is to protect funds needed in the next 3 years to augment CPP and OAS (no pensions).
We added bonds, but that plan may require a new assessment. Currently, our portfolio has a small position (2%) of Bonds consisting of AGT, VCLT, VCIT, & VAB. We also have laddered GIC’s for 5 years, plus PSA & BIL (for vacations in the US).
We are looking at replacing AGT & VAB with PSA and VCLT & VCIT with BIL. Do you have any other suggestions that may meet our goals?
Thank you
D&J
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