Q: Note that the HISA symbol is not recognized in your system. I just purchased it for the 6.08 % dividend. What are \your thoughts on this for an income investor.
5i Research Answer:
HISA is in our database but our data provider does not yet support NEO Exchange pricing. In portfolio analytics this can be entered as cash, however and will be an approximation. It can also be entered as a custom security. HISA currently has an indicated yield of 6.10%. Fees are 0.17% and assets $1.7B. As a cash parking vehicle we would be very comfortable with it.