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Purpose High Interest Savings Fund (PSA $50.02)
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Global X High Interest Savings ETF (CASH $50.00)
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BMO Money Market Fund (ZMMK $49.85)
Q: What are the best cash proxy ETFs in your opinion?
5i Research Answer:
They are very similar, really. We would suggest PSA, CASH or ZMMK. The latter gets a slightly higher yield as it invests in money market securites and is not a high-interest savings ETF.