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Franklin Cdn Ultra Short Term Bond Fund ETFFHIS.TOTOP PICKOct 16, 2026Stock price when the opinion was issued
As of Oct 16, 2026. Market Open.
Short-term corporates. NAV has stayed fairly stable, and it gives you returns in the 3.2-3.3% range. As long as you have a fairly positive outlook on Canada and block out all the noise of trade relationships and so on. Fairly safe way to move from government bonds (the "beach") into corporate bonds (the "ocean").
Steady NAV and creates a distribution. This is better than a 1-year GCI which locks your money. This is safe. It's like a money market fund and charges only 17 basis points.