Q: ZJUL Will this etf go up in value during a correction? Also, where is a good place to park USD ?
5i Research Answer:
For US cash, we would suggest a bank money market fund, or US T-Bills directly. For an ETF, HISU.U
ZJUL offers a 'buffer' to the first 15% of a market decline. It is not likely to rise in a correction, but should decline less than other ETFs. It will still decline in a major market correction.