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The Panic-Proof Portfolio (Stockchase Research) Global X Cash Maximizer Corporate Class ETF HSAV-T TOP PICK Apr 08, 2025

Stockchase Research Editor: Michael O'Reilly

HSAV is a low-MER ETF that holds deposits in Canadian chartered bank High Interest Savings accounts -- a safe haven for parking cash.  As a Corporate Class ETF, it does not pay any interest or distributions, making it highly tax efficient for non-registered accounts -- when you sell you generate a capital gain.  The underlying portfolio has a current gross yield of 2.5%.  Yield 0%     

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TOP PICK
Stockchase Research Editor: Michael O’Reilly

A safe haven low-MER etf that is tax efficient too.  It holds deposits in Canadian chartered bank High Interest Savings accounts.  As a Corporate Class etf, it does not make distributions, making it very tax efficient.  Its gross yield is 2.5%. Yield 0%