This summary was created by AI, based on 6 opinions in the last 12 months.
The Horizons 0-3 Month U.S. T-Bill ETF (CBIL-T) has garnered a range of opinions from experts focusing on safety and yield. Generally considered a safe investment due to its short duration and government backing, analysts appreciate its ability to park cash securely, even though it may come with lower yields compared to other options. While it pays around 2.85% currently, there seems to be a preference for exploring alternatives offering higher yields, particularly in the banking sector. Some experts highlight the competitive edge of similar ETFs like HISA or PSA, which offer higher interest rates with daily liquidity. Overall, the ETF is seen as a straightforward way to invest in T-bills, although costs like management expense ratios (MER) could detract from potential gains.
A great buy at the time. Paying only about 2.85% now. He might start looking at other options that pay a higher yield, perhaps some of the banks.
Pays 4.25%, not bad for a risk-free asset. He prefers government to corporate bonds for its lower risk.
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, 4 stock analysts published opinions about CBIL-T. 2 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.
4 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 2025-02-20, Horizons 0-3 Month U.S. T-Bill ETF (CBIL-T) stock closed at a price of $50.085.
The more in money market you are, the safer it is because the time to maturity of holding assets is lower. So the shorter the duration, the safer. The more government, the safer, but also a lower yield.
For an enhanced money market yield, he really likes ZST.