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,
I'd like to get a better return on the Cash sitting in the Canadian Account. I don't want to lock it into GICs now as I would like the flexibility to use it until I get a better sense of where we're going with all of this. I looked at CASH.TO Global X High Interest Savings ETF and HSAV.TO Global X Cash Maximizer Corporate class ETF. Mgmt fees and MERs are lower on CASH and the yield is a bit higher but it has tax implications whereas HSAV has slightly better performance and deferred tax. Once our taxes are filed there may be a bit more contribution room left in the TFSAs but it won't be much.

Any opinions? Any thoughts on what I can do with the US Cash?

Thanks!
D
Read Answer Asked by Dawn on March 17, 2026
Q: Good morning, you mentioned these securities in a reply to a question by James on May 13. Could you please add some comments around taxation of the returns, especially if in either TFSA or non-reg account. Thank you
Read Answer Asked by Steven on May 17, 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: Hello Team,

What are your favourite etfs for high interest savings account for both CAD and USD?

Thank you!
Read Answer Asked by James on July 04, 2023
Q: Is there a NYSE traded ETF you can recommend that provides a somewhat higher interest rate with liquidity and safety - one or two if you can - thank you.
Read Answer Asked by Ken on September 28, 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!