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  5. HSAV: For a couple in their 70's with a 3 year time horizon, what ETF or ETFs would you suggest as relatively safe investments? [Global X Cash Maximizer Corporate Class ETF]
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Q: For a couple in their 70's with a 3 year time horizon, what ETF or ETFs would you suggest as relatively safe investments?
Asked by A on May 07, 2024
5i Research Answer:

While we cannot personalize responses, with a somewhat shorter time horizon of three-years, we would prefer to lean fairly conservative. Currently, there are high-interest savings ETFs that are yielding roughly 5% in distribution yields per year. These yields are broadly tied to the Central Bank rate, and can be adjusted up or down at any time, but these ETFs can act as a proxy for a savings account with a close to 5% yield. Some of the ETFs that we like include: HSAV (no monthly distribution, but rather the interest earned is reinvested back into its NAV for capital appreciation), PSA, and HISA. 

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