▲ 11 r/CanadianInvestor
Are there CASH ETFs with returns better than WS's 2.25% interest? Looking to park a large cash fund that I might need in 1-2 years.
Just realized WS's Money Market Fund provides 2.5% too.
Cash TO, ZMMK, etc seem to offer lower returns considering MER.
I'm at highest marginal tax rate. Looked into HSAV, but it's trading at 0.88% premium. Discount Bonds (ZDB, HBB) look volatile with potential BoC rate changes.
GIC's in other banks seem to provide better returns (3.25-3.55% for 1 year), wondering if it's worth moving out of Wealthsimple considering I get additional 0.6% annual (3% over 5 years) with Wealthsimple's recent promotion.
u/Feeling_Apricot — 25 days ago