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  5. XSB: I have 25K that was in a GIC, making basically nothing (or losing money when considering inflation). [iShares Core Canadian Short Term Bond Index ETF]
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Q: I have 25K that was in a GIC, making basically nothing (or losing money when considering inflation). Can you recommend something that is likely to retain the principal and earn more in 2 years than the 1.5% 2-year GIC? Thank you.

Asked by Jo-Anne on September 08, 2021
5i Research Answer:

Unfortunately, there is no free-lunch here but moving into high-quality bond ETFs is a good option for many, but these are not risk-free and can lose value. XSB or XBB might be a place to start. One can also consider a savings account ETF such as PSA (High-Interest Savings), likely getting a comparable yield without the lockup of funds.