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  5. ZAG: I have a GIC maturing shortly in my RIF. [BMO Aggregate Bond Index ETF]

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Q: I have a GIC maturing shortly in my RIF. Would like to keep the funds in some type of income/reasonably secure investment, but am having trouble accepting current GIC rates. I have been looking at ZAG, but admit that PAYM has also caught my eye. Could you compare these two and comment on your preference and why (other suggestions are welcome). Also, any comment on where interest rates might be heading over the next or so.

Thank-you
Asked by grant on November 07, 2025
5i Research Answer:
ZAG is an $11B bond fund, fees are 0.09%, yield 3.43%, 3-year return 5.74%. It owns Canada bonds...
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