Q: Can you comment on the relative returns of CASH versus CIB238 CIBC MON MKT FP /NL'FRAC. Today's rate for CIB238 shows 3.97% but this has been slowly going down as rates drop. For parking money for a few months up to a 6 months, which offers the best return?
5i Research Answer:
Any short term fund is going to experience rate pressure these days as market rates in Canada...