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  5. PSA: Hi, Relying on the adage that there are "no stupid questions", can you confirm that the principal is guaranteed in PSA? [Purpose High Interest Savings ETF]
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Q: Hi,
Relying on the adage that there are "no stupid questions", can you confirm that the principal is guaranteed in PSA? I couldn't find that explicitly stated anywhere, other than the statement that there is no lock-up, which means something else to me.

Thanks
Robert

Asked by Robert on January 14, 2022
5i Research Answer:

While the fund invests in secured deposits, t bills and other guaranteed securites, payment/sdistibutions and unit prices are not guaranteed.