High Interest Options in Canada (CASH or PSA)

World of finance is awesome. There is always a new product available (albeit for a small fee :)).

If you want to deploy some cash and don’t want to take equity risk or for a portion of your portfolio you want sheltered away from market risk, an alternative to bonds or bond etfs is readily available.

CASH or PSA are two good options in Canada. Returning roughly 5% and if you can buy them in a tax-sheltered account - so much the better.

https://www.purposeinvest.com/funds/purpose-high-interest-savings-fund

https://horizonsetfs.com/ETF/cash/

Peace!

-gariki