Scotiabank’s top REIT picks. Plus, why Canadians are still reluctant to load up on energy stocks

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 92%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

A roundup of investment ideas for active investors

Ask Globe Investor: I was wondering about the risk of price declines for high interest savings accounts ETFs. Right now, the price of one share is fairly stable – like, for instance, at $50. Can you share your thoughts on that?The custom with HISA ETFs is for the price to be pegged at a base of $50 per unit.

Raj Lala, president and CEO of Evolve ETFs, said the price of a HISA ETF should not fall below $50. “The only risk of it dipping below $50 is if the Bank of Canada overnight rate becomes negative, or one of the Big Six banks becomes insolvent…obviously, very unlikely outcomes,” he said in an e-mail. Changes in HISA ETF returns track the overnight rate, which has jumped to 5 per cent from 0.25 per cent in early 2022. The big risk with these ETFs is a sharp decline in rates and, in turn, interest payouts. A 5 per cent return with minimal danger of losing money looks darn good. But if that return falls to, say, 2 to 3 per cent, investors may find themselves losing out on potentially much better stock market returns.of how their deposits at banks are accounted for.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 5. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Canadians priced out of housing market can look to fractional real estate investmentCanada’s housing affordability crisis is forcing some priced-out buyers to invest in fractional real estate ownership as one way to enter the market.
Источник: BNNBloomberg - 🏆 83. / 50 Прочитайте больше »