Q: Hi team,
The Globe recently published an article on high-interest savings account ETFs. It included this sentence: "A recent report by Canadian Imperial Bank of Commerce (CIBC) Capital Markets pegs the after-fee yield from these funds at between 1.8 and 1.9 per cent, which is far better than most other cash alternatives available to the typical investor."
Link: https://www.theglobeandmail.com/investing/personal-finance/article-this-cash-parking-spot-for-investors-has-never-looked-better/
Does this look right to you? I'm seeing more like 0.6% as the yield on these products.
Thanks.
The Globe recently published an article on high-interest savings account ETFs. It included this sentence: "A recent report by Canadian Imperial Bank of Commerce (CIBC) Capital Markets pegs the after-fee yield from these funds at between 1.8 and 1.9 per cent, which is far better than most other cash alternatives available to the typical investor."
Link: https://www.theglobeandmail.com/investing/personal-finance/article-this-cash-parking-spot-for-investors-has-never-looked-better/
Does this look right to you? I'm seeing more like 0.6% as the yield on these products.
Thanks.