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Investment Q&A

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

Q: Where would you recommend that cash or near cash be held in a registered acct. in order to get best net return for next 6 months? Also, for an extra credit, please compare CASH:TSX to:

TDB8150
ISA-TDB@2.30% PA /NL'FRAC

Thank you.
Read Answer Asked by Tim on June 30, 2025
Q: Several weeks ago one of your members said they were seeking the safety and yield of CASH:CA and another name I can't remember or find again. This to ride out the market turmoil. I remember both names as being stable and having a decent dividend. Can you suggest the forgotten name or other names that are similiar and offer similiar features?
Read Answer Asked by dave on June 12, 2025
Q: I asked this question on June 1, 2025 but did not get an answer so I am asking again.

What is the difference in underlining risks between ZST and high interest saving ETFs like CASH and HSAV?
What is the difference in yield between them?
I have about $100k in cash to park for 1 year ish so I am looking for a bit of yield during this time.
Read Answer Asked by Anh on June 06, 2025
Q: I’m thinking of switching my cash from CASH and HSAV to ZST. The reason is ZST now has a higher yield than CASH and HSAV (3%+ versus 2.6-2.7%)The intended duration is about 1 year.
What are the risks associated with ZST? Is ZST riskier than CASH and HSAV?
Read Answer Asked by Anh on June 05, 2025
Q: Is TDB8160 as good as these others? What is the advantage or disadvantage to the others, and is one more liquid/safer than the other? Thank you!
Read Answer Asked by Neil on June 02, 2025
Q: I submit this question again since it did not seem to go through, sorry if is doubled .I intend to invest cash very progressively in 2025 ,since I consider as ''not totally impossible'' that (among other world factors ), the economic situation in Japan could lead to a sell-off of their US bonds , and have an impact on word economy and eventually on interest rates. On Yahoo finance website : YTD daily total return indicates : 0,97% for CASH,1,08% for PSA,and 0,77% for HSAV ! Does this means that lower NAVs counterbalance the yields after one year ? (but NAV looked relatively stable..).Once I can finally understand those numbers, I wish to choose the most efficient ETF in a non registered account if you could suggest one of the 3 ,considering all factors , as capital gain fiscal advantage of HSAV, VS total Yields and NAVs tendencies. Many thanks for your always very useful clarifications
Read Answer Asked by Jean-Yves on May 22, 2025
Q: If a bond crisis were coming in Canada ,with increased interest rates( including Moody's lowering CDA rating ),increased debt and deficits for instance , would ETFs similar to HSAV or CASH also be at risk ( as longer term bonds) and in such case,woùd you have better ETF suggestions for short term investments ?
Read Answer Asked by Jean-Yves on May 21, 2025
Q: I would like 3-4 ideas for investment to be held in cash account. I don't need the money unless an emergency and was thinking of parking in a few solid pref shares perhaps to pick up a decent tax efficient yield but open to alternatives.
Read Answer Asked by Steven on April 14, 2025
Q: Hi 5i, in mid-December 2024 I trimmed my overweight Mag 7 holdings and put the cash into a US high interest savings account. I am now concerned about a decline in the US$. My question: should I be and if so, can you suggest some alternative holding/investment suggestions? Thanks!
Read Answer Asked by Martha on April 10, 2025
Q: Hi,

I was surprised to learn yesterday that a T3 form was provided to me from by bank for holding Purpose High Interest Savings Fund (PSA). It says there is a minuscule return of capital. I thought PSA would only provide interest as reported on a T5.

I went to the PSA website and sure enough, there is a ROC and has been since 2013. Do you know if this is typical of these high interest savings account ETFs and if there is another fund that is similar to PSA without the ROC component?

Thank you.
Michael
Read Answer Asked by Michael on March 24, 2025
Q: Trading volume is good. Yield is similar to other cash savings etf but this has an advantage when held in a taxable account because it does not pay distributions. However it is trading for approx 1.5% premium. If there was no premium, I would buy it for a 9 month hold but the premium is more than half the yield I can expect for 9 months. Am I right that in my situation, pick another cash savings etf? To pay a premium is not a good idea for a cash etf no matter how good it is? What do you think? Thank you!
Read Answer Asked by Tony on January 27, 2025
Q: Hi, I am parking some cash in an investment account both CAN and US $, I will not need the funds for quite a few years, I am thinking 50% of the amount in each account to PSA and PSU.U. Could you suggest a CAN etf and US etf that I should consider for the other 50% in each.
Read Answer Asked by Peter on January 09, 2025
Q: Hi Peter, looking for a suggestion of where to park $400k (from a house sale) for the next 1 year. Besides GICs and Cash ETFs is there a slightly higher risk play you would consider at this time if it was your own money ? Thank you, Paul
Read Answer Asked by Paul on December 16, 2024
Q: Global X total return funds have been your recommendation for taxable accounts for quite a while. However, recently, I have observed an alarming trend with the largest of their ETFs, such as HXS, HXT, and HSAV: the premiums have been shrinking significantly, and HXS now trades below NAV. I have more than half of my investments in these three funds, so I am really concerned about this situation. Do you have any explanation as to why the premiums on total return funds have been shrinking and even turned into discounts?
Read Answer Asked by Ron on December 13, 2024
Q: I have some cash parked in HSAV and noticed that, for the past month, the trading there follows the same pattern, the price is up during the morning and mid-day and then drops at the end of the day. As a result, the price remained practically the same for the past month and the difference between the NAV and price is now down to only 20c. I am wondering what's going on with this ETF? Looks like some investors are doing massive selling there, do they know something I don't? Is HSAV is still you preferred "cash parking" ETF for people in high-tax bracket?
Read Answer Asked by Helen on December 03, 2024