Investment Q&A

Q: I intend to invest a significant amount of cash ETFs in my TFSA ,could you suggest a list of safe ETFs with interest,or even short term bond ETFs if pertinent with this objective,aiming at preservation of capital and 4% + to 5% revenue, would it be better to hold just one ETF or a mixture is better in this context,many thanks for your excellent work

Q: I need to sell 1/3 of my portfolio and park the cash for 3-6 months. TD will not allow me to buy PSA, CASH, HISA, or HSAV. Can you recommend a few other good options.
Thank you,
Derek

Q: Dear 5i
Could you please confirm the MER's for the above stated high interest funds and that the stated 12 month yield is net of the MER . Also is it more important to go with the fund with the higher yield or the fund with the tighter bid/ask spread or the fund with the tighter 52 week differential or try to determine the best when considering all three factors knowing there is some compromises ?
Thanks
Bill C

Q: Dear 5i
Do most or all high interest savings accounts pay distributions monthly or quarterly ? How would you rate the above ones that i've listed ? Do you have to be a little cognizant of when you buy them as i see the price can fluctuate slightly throughout the day ? Are you best to buy the one with the highest % distribution or a combination of % distribution and the smallest 52 week high /low spread ?
Take as many points as necessary as i have multiple questions and lots of points .
Thanks
Bill C

Q: I have money invested in non-registered accounts which I will need in 1-3 years for a downpayment on a house.

Am I correct that money needed in a 1-3 year time frame should not be invested in the markets ?

If so, what should be done with this money ? Any "money" ETF s to consider ? Thank you !

Q: I have about 80,000. in cash that I would like to collect interest on for a while. Can you suggest some options for this.
Thank You
Peter

Q: The four referenced cash accounts pay roughly the same rate of return. Which of these are best in terms of risk and liquidity. What would you recommend for cash portions of the portfolio and which etf if any would you avoid. Thanks

Q: Hi there,

With so many low risk, high yielding ETFs now that are producing better rates than savings accounts, which would be the best to hold in a non registered account, and why?

Thanks!

Q: I'm looking to park some cash and let it earn some interest. My bank doesn't offer any meaningful savings interest rate and I'm not interested in a GIC. Can you please recommend a couple of money market funds or ETFs I could buy through my non-registered iTrade account.

Q: I am currently holding over $80K in ZMMK as a holding place. Approx. 4.92% dividend while I wait to see where this market is going (so many mixed signals and differing opinions !). RBC just announced they are supporting the purchase of things like CASH, PSA, etc. How does ZMMK compare compare to the Horizons High Interest Savings ETF (CASH) ? Is ZMMK as "safe" ?

Q: Hi there, could you please name your favourite high-interest savings account etf for a non-registered account, with a short description of why?

What is your favourite for a registered account and why?

Thanks!

Q: Wondering what your favourite/safest High Interest savings ETF would be to park cash for a few months or maybe a little longer.
Are there any risks associated with these ETFs?
I note for CASH, todays price is 2% greater then the 200 day moving average. Can these drop in value?
CASH management fee is .11%-is this high?
Why are the distributions variable on a monthly basis?

Thanks
Jeff

Q: For the High interest savings etf's listed, which has the best net yield (or if another has a better yield that is not listed please let me know)?
With the HSAV product not paying a distribution, how do you find its yield? (In an answer to a previous question recently, it had the highest gross yield at that time of 5.25%)

And lastly, for funds held within a corporation, what would be the best tax advantaged way to go (pay tax on the dividend or the capital gain on HSAV)?

Thanks very much,

Q: So BMO and TD won't allow me to purchase CASH (horizons hisa) .BMO say they have their own (HISA) product that I can buy . Would these be as acceptable as CASH (Horizons product).

Q: Hello! For large sums of money that need to be held in cash which is the best and safest option and what is the difference in yield one receives in these different investments? Is money held in these kinds of investments CDIC insured up to $100,000 or is that only if one holds in a GIC? Thank you!

Q: I wish to find a place for some cash. I am not entirely clear on some details for HSAV: the current trading price is around $106,60.

Of course, there are no distributions; What do you calculate the effective yield to currently be?

My trading platform suggests NAV is $106.30, so there is a premium being paid at the current price. What effect will that have on the yield? And what effect when I come to liquidate the holdings?

Last, if you see HSAV a not that good a place to deposit, what other place(s) would be good to hold some cash? BMO HISA is currently offering 4.6%

Many thanks

Q: Hello Team,

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

Thank you!

Q: I have money invested in the CASH and PSAV ETFs in registered accounts through my bank HSBC Canada. As I understand it, HSBC Canada is about to be bought by RBC. I also understand that RBC, for some reason, does not allow trading in the CASH and PSAV ETFs. If this is correct, am I at any risk or concern on this? Should I sell my CASH and PSAV ETFs before RBC takes over or just carry on as normal?

Q: -What are your thoughts on these money market funds. I'm looking for a place to park some cash and gain a yield for the short term.

Are they taxed as dividend income or interest?

Any thoughts on timing entry and exit?

Thanks

Q: I was considering investing 300k into 2 or 3 of these picks below for almost guaranteed savings. This would be in a non registered holding company.

1. Horizons Cash Maximizer- HSAV (which you have pointed out is more tax efficient since they don't pay distributions and yield gains are building into escalating price, etc)

2. Horizons High Interest Savings-CASH which is straight up high taxation interest gains

3. Purpose High Interest Savings- PSA which is straight up high taxation interest gains.

Please advise if you have a preference for perhaps two picks at 150K, or all three at 100k for example.

Alternatively, if there is another TSX traded option that you suggest, i would look at that too. To be purchased via CIBC Investors Edge.

Thank you.