Q: XHY (US High Yield Bond ETF-CAD Hedged)had a 52-Week Range of
20.58 low to 22.19 high - gain of 7.82% in ETF price + dividend of 5.28%.
Would you mind explaining how or why it gained in ETF price if interest rates remained the same (assuming they did). Is this a safe place to put large sums of cash and if not where do u put cash?
Thank you.
20.58 low to 22.19 high - gain of 7.82% in ETF price + dividend of 5.28%.
Would you mind explaining how or why it gained in ETF price if interest rates remained the same (assuming they did). Is this a safe place to put large sums of cash and if not where do u put cash?
Thank you.