Stockchase Opinions

David Cockfield iShares Cdn Univer. Maple ETF XSH-T TOP PICK Aug 15, 2014

It doesn’t have a huge range of trading. Yield is okay at about 3%. Short-term pays you less than 1% on an after-tax basis, so this is not a bad place to park your money.

$19.940

Stock price when the opinion was issued

E.T.F.'s
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PAST TOP PICK

(A Top Pick Aug 12/14. Up 3.9%.) This is short bonds and at that time he was suggesting holding cash. Very liquid, so you use it as your cash reserve.

COMMENT
This is short-term corporate bonds. As credit risk increases with higher market volatility along with interest rates going up, this has lost some value.
COMMENT
You use this to park your cash. Not a long-term investment. This is for the short-term. Has very small price swings. If central banks raise rates, XSH will trend down.
TOP PICK
This ETF is bank paper, 2-3 year paper. It pays out monthly. A good place to park your money. Yield = 2.8% : expense ratio = 0.9%
TOP PICK
It's short term bank paper. It's a good place to park your money, with a yield around 2.8% that is paid monthly. It's up todays although the market is down.
TOP PICK
Invests mostly in bank papers. A good place to park money for short-term. Better than just sitting on cash. The ETF is pretty liquid so you can sell it whenever. Boring but at a reasonable price and yield.
TOP PICK
It’s really not a bond fund. A place to park your money with yield just under 2%. You’re not exposed to a major sell-off in fixed income. If you’re cautious as he is, it’s a good play.
HOLD
A core iShares offering. It has only a 0.1% MER. It holds Canadian and foreign Canadian-denominated bonds (Maple bonds). It offers some diversification, but it will not shoot the lights out. It is short duration and high quality holdings and acts as a good defensive holding. This is fine for most Canadian investors.
TOP PICK
An ETF that holds short-term bank papers that are hard to buy individually. An alternative to not earning any money in a bank account. The fact that it shot up was a warning that it markets were in trouble.
BUY
In a rising rate environment, you might want to stick to a shorter term. XSH is a short-term, corporate, investment-grade ETF. Had drawdowns, but not as bad as a typical aggregate bond or high-yield ETF.