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  5. CASH: Hi Team [Global X High Interest Savings ETF]

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi Team:
I have some cash sitting in RIF acct. Presently in RBF2010 paying 2.3% interest, with unlimited charge for buy or sells..
Would I be better to spent the $9.95 and buy into something like CASH or PSA? Then I would also have to pay $9.95 to get out.
As a follow-up to that question how about if this was in an 'open account' , Where the interest is taxed at 100% income whereas CASH or PSA would act like a dividend income and therefore taxed at roughly 66% income.
OR do you have a better suggestion for larger amounts of $$
Thank you. :-)
Asked by Ken on July 16, 2025
5i Research Answer:
Though they are ETFs and trade, both CASH and PSA distributions are taxed as interest and do not...
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