Q: Thank you for suggesting HISU for US cash. A couple of questions: is there a fee or restriction on how long funds are held in this etf? Also, the symbol says :CA, can this be purchased and held in a US $ RIF?
Thank you!
Thank you!
5i Research Answer:
Yes; it is a Canadian fund, traded TSX, but trades in US dollars. It can be held in a USS$ RIF. On the restriction, there is no fund restriction but some brokers can impost their own time restrictions. However, most will not have a restriction for funds that are considered 'cash'. But we would check with the broker for clarity.