Q: I need to hold cash for 1 yr (HSAV is interesting but it needs to avoid a significant premium vs NAV + yield is quite modest...) .Could you suggest 3 stocks + 3 ETFs with dividends and with a very favorable entry price at the present time,that would meet this objective and would offer "acceptable stability" in this volatile world politico- economic environment ? Hoping that this is not an "impossible question " to answer !
5i Research Answer:
Keep in mind that any equity or equity ETF is going to have risks, especially over a short timeframe. If cash is truly needed in one year we would see a GIC as the best option with no risk of loss. But to answer the question, here are less volatile stocks with dividends and at least some stability: FTS $77, H $57, ENB $71 ETFs: VBAL, $37, XBAL $33.50, ZLB $59