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Global X High Interest Savings ETF (CASH $50.00)
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BMO Money Market Fund (ZMMK $49.86)
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Global X 0-3 Month T-Bill ETF (CBIL $50.04)
Q: wish to park some money, which one of these eft's do you suggest with reagard to liquidity, capital loss/gain, and actual long term yeild
5i Research Answer:
Indicated yields are ZMMK 2.65%, CBIL 2.41%, CASH 2.33%. One year returns, respectively, 2.74%, 2.74%, 2.59%. These include any fees. Liquidity is fine with all of these. None of these ETFs are technically guaranteed. However, T-bills, which is what CBIL owns, are. Thus, we would give TBIL a small margin of extra safety versus the others and it would be our choice here.