This summary was created by AI, based on 4 opinions in the last 12 months.
The experts are generally positive about the Horizons 0-3 Month U.S. T-Bill ETF, noting its attractive yield and safety as a risk-free asset. However, there is some concern about management fees potentially negating gains, and the availability of similar, higher-yield ETFs with instant liquidity. Overall, the consensus is that this ETF is a safe and decent option for investors seeking a low-risk asset with moderate returns.
Generally with ETFs, you're in and out the same day, so you have instant liquidity. If he was concerned about a downturn, he'd just look at a daily high interest ETF like HISA or PSA. Those ones give you 5-5.5% right now, and next day liquidity.
You can but 3-month T-bills yourself. IF this charges an MER, it wipes out your gains.
The 12-month yield is 3.8% and the net indicated yield is 5.2%. Very safe. These are Canadian government T-bills.
Good product for short term interest rates.
Inverted yield curve will provide opportunity with this product.
Safe assets (no risk).
Great for defensive investors.
Invests in 0-3-month Canadian t-bills, so returns are guaranteed. The current 4.23% yield and the yield to maturity is 4.98%. The MER is only 11-15-points, so very low. Yields have to rise in the face of inflation, so that helps increase this yield. It holds cash in your portfolio during current volatility.
Horizons 0-3 Month U.S. T-Bill ETF is a Canadian stock, trading under the symbol CBIL-T on the Toronto Stock Exchange (CBIL-CT). It is usually referred to as TSX:CBIL or CBIL-T
In the last year, 2 stock analysts published opinions about CBIL-T. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Horizons 0-3 Month U.S. T-Bill ETF.
Horizons 0-3 Month U.S. T-Bill ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizons 0-3 Month U.S. T-Bill ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Horizons 0-3 Month U.S. T-Bill ETF In the last year. It is a trending stock that is worth watching.
On 2024-12-13, Horizons 0-3 Month U.S. T-Bill ETF (CBIL-T) stock closed at a price of $50.035.
Pays 4.25%, not bad for a risk-free asset. He prefers government to corporate bonds for its lower risk.