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iShares S&P/TSX Canadian Preferred Share Index ETF (CPD $13.88)
- $13.88 P/E (TTM): 7.23X Cap: $1.06B
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BMO Covered Call Canadian Banks ETF (ZWB $25.32)
- $25.32 P/E (TTM): 11.7X
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Vanguard Canadian Short-Term Bond Index ETF (VSB $23.47)
- $23.47 Cap: $1.35B
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Global X Cash Maximizer Corporate Class ETF (HSAV $116.99)
- $116.99 Cap: $1.91B
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BMO Money Market Fund (ZMMK $49.92)
- $49.92 Cap: $5.60B
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Harvest Canadian T-Bill ETF (TBIL $50.08)
- $50.08 Cap: $106M
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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 $27.05)
- $27.05 Cap: $3.56B
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Vanguard Canadian Short-Term Bond Index ETF (VSB $23.47)
- $23.47 Cap: $1.35B
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BMO Short-Term Bond Index ETF (ZSB $49.17)
- $49.17 Cap: $157M
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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 $19.02)
- $19.02 Cap: $48M
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iShares Core Canadian Short Term Bond Index ETF (XSB $27.05)
- $27.05 Cap: $3.56B
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Vanguard Canadian Aggregate Bond Index ETF (VAB $23.07)
- $23.07 Cap: $6.55B
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Vanguard Canadian Short-Term Bond Index ETF (VSB $23.47)
- $23.47 Cap: $1.35B
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Vanguard Intermediate-Term Corporate Bond ETF (VCIT $83.97)
- $83.97 P/E (TTM): 412.13X Cap: $56.52B
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BMO Asset Management Inc (ZTS)
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State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL $91.36)
- $91.36 Cap: $42.86B
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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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