Jon Vialoux BMO Short Term Fed Bd E.T.F. ZFS-T PAST TOP PICK Jun 03, 2016

Short gov’t bonds. ZFT-T is a smart money market index and they are as good as money markets. He is okay with short term bonds except right now he does not like the interest rate risk so is holding corporate short term bonds.

This holds a basket of Canadian bonds with a term to maturity of about 1-5 years. Everything that has a yield in the summer tends to have much less volatility than the broader market. He has this yielding at about 1.79%.