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  5. HSUV.U: Hi There, I have some USD funds, non-registered USD account. [Global X USD Cash Maximizer Corporate Class ETF ETF Shs]
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Q: Hi There, I have some USD funds, non-registered USD account. Can you please me give a few ideas to park in a high interest, tax efficient investment for a 2-3 months?

Thanks!
Asked by Robert on August 29, 2023
5i Research Answer:

For US dollars, we like the HSUV.U ETF, which does not directly provide distributions but rather reinvests its interest back into the fund. The ETF has $740M in AUM, an MER of 0.19%, and a gross yield of 5.7%. 

Alternatively, the PSU.U ETF is a USD-denominated high-interest savings account, although it issues distributions. It has a net yield of 5.5%, an MER of 0.15%, and an AUM of $691.3M.

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