HAP Floating Rate Bond ETF (HFR-T)

Has a whole bunch. Price moves very little. Has held it for years. Good place to park money. Dividend around 2.25%.

Is there a short-term ETF to park your cash and earn a little yield? HFR-T and ZST.L-T earns up to 2%. He uses both.

Where to put CASH? For floating rate notes, the coupon payment goes up as it adjusts. HFR-T is an ETF for this. It is an actively managed ETF. He just put 10% of one portfolio into this.

Where to park cash in an ETF? He uses HFR-T. It's very short term, like 2-3 months in bond duration. Very little volatility with this. The price never moves much, sticking around $10

(A Top Pick Jun 29/17, Up 1%) We considered the risk of this ETF to be as low as the bond market. It is boring. You can get 1-2% yield coming out of it. It is a safe, boring investment.

(A Top Pick Oct 6/16. Up 3%.) Has a lot of this. It’s a great place to park money. You don’t have the duration risks that you have with the other bond ETF’s. It will do better than a Money market.

This does not have the duration risk of others. It brings down the duration of the bond portfolio. It is actively managed. It is a bit of a risk mitigater.

(Top Pick Jan 19/16, Up 5%) He went into buy it for the return. It never changes price much. It yields about 2%. A complicated structure but he likes putting money there.

This is a great place to park money. It never varies very much. You are less interest rate vulnerable.

(Top Pick Aug 07/15, Up 1.20%) This is a place to park money. It really does not move.

There is not much upside in a floating rate security in Canada right now. This is not a vehicle that is going to earn you very much return here.