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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (31483)7/31/2019 8:42:32 PM
From: Goose94Read Replies (1) of 202736
 
Purpose High Interest Savings ETF Units (PSA-T) top pick from Jon Vialoux on BNN.ca Market Call 2nite Wednesday July 31st @ 1800ET

With the period of seasonal volatility for equity markets, investors may be tempted to sell to cash to wait out the potential market storm. This ETF allows investors to park their unused funds while earning a stable return. The current yield is 2.15 per cent, with distributions occurring monthly. The fund invests in high interest deposit accounts with one or more Canadian chartered banks, providing investors with greater yield than traditional money market funds.
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