skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi 5i, I have a fair bit parked in CASH and PSA, enjoying the decent interest on the funds I dont want to have exposed to market volatility. My question is, if Canadian interest rates drop significantly sooner and/or further than US rates, would it make any sense to move out of CASH or PSA and in to something like HISU.U?

Understand, of course, this introduces the element of currency risk/volatility. But, ignoring that, would this strategy work to continue realizing interest rates of +/- 5% (assuming US holds longer)?

Thanks!
Read Answer Asked by Ryan on April 09, 2024
Q: Is there a US dollar version of these that would not have the 15% withholding tax?

Thanks for all your great work
Mark
Read Answer Asked by Mark on March 21, 2024
Q: Good morning, I’m looking to park some cash, both CAD and USD in a savings account ETF. What are your favorite, high yielding, ETF options? Thanks
Read Answer Asked by Seamus on March 14, 2024
Q: Hey Peter & Team,

Apologies if I missed the answer when I searched, but I found it difficult to find my answer when I looked for a U$ dollar equivalent to "CASH." What would you suggest 3 - 6 months hold??? OR is there a U$ ETF representing GICs?

Thanks for all you do

gm
Read Answer Asked by Gord on February 21, 2024
Q: Happy Holidays,
I have a question about tax efficiency on HISA ETF investments in non-registered accounts. Do the dividends received from these ETFs qualify for any dividends tax credits? Or are they being treated as interest income, such as GIC, which will be subject to the usual marginal tax rates?

Thank you,
Read Answer Asked by Roger on December 23, 2023
Q: RRSP US dollar : any recommendations please for a US ETF equivalent to a cash saving account + optimal interest (accepted by RBC ) ,since in canadian accounts RBC and TD do not trade CASH,PSA ETFs,but accept trading HSAV and MNY .
Read Answer Asked by Jean-Yves on August 21, 2023
Q: Good day,

I was considering parking US$ funds from my brokerage account in SPRXX (Fidelity® Money Market Fund) or VMFXX (Vanguard Federal Money Market Fund). However, I am given to understand that Canadian citizens cannot own US mutual funds. (Thank you for the guidance!)

Is there something else that you can suggest for US$ in lieu of these? How do they compare to Canadian ETFs CASH.TO or PSA.TO in terms of safety etc?

Thank you
Read Answer Asked by Vir on April 04, 2023
Q: Hello everyone,

I have U.S. cash on the sideline and would like to "park" it short term (3/6 mths), can you suggest where to place 20th$ ?
I need to keep funds in U.S. dollars.
Thanks and all the best !
Read Answer Asked by Sergio on March 30, 2023
Q: Further to your answer to question: Can you suggest a US ETF similar to CASH in Canada, dated Feb 24, 2023 10:30 AM, what about a HISA Mutual Fund like NBC101, current rate = 4.15% ?
Read Answer Asked by David on March 01, 2023
Q: Hello I’m wondering if you could name a couple of USD traded etfs that would be as close to the equivalent of PSA or CASH but trade in USD either on a Canadian or US exchange if necessary. Thanks
Read Answer Asked by Scott on January 24, 2023
Q: I believe you have suggested PSA as a means of accessing higher interest on cash and maintaining liquidity and avoiding risk. Is there an ETF that fits this bill for US dollars that you would recommend that trades on NYSE or the TSX? Appreciated as always.
Read Answer Asked by Ken on September 26, 2022
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!