Opinions
Mike Philbrick
CI High Interest Savings ETF
CSAV-T
BUY
Dec 07, 2023
$50.095
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
Very popular. Exposure to money markets of the various banks in Canada. Risk of rates retreating is always a risk, as these will be very responsive to whatever the current rate of interest is. Other than that, doesn't see significant risk.
There's always the credit risk of the underlying banks that are providing the yield that these ETFs are buying. Pretty safe, as credit ratings of major Canadian banks are pretty high and seem stable. Reasonable MER at 0.14%.