You have no free articles remaining. Subscribe
Jan 2, 2024
The Role of High-Interest Savings ETFs in a Diverse Portfolio Navigating Rising Rates, Beating Inflation, and Funding Big Dreams
A diversified portfolio typically includes a cash component, and this cash holding provides an investor with liquidity and convenience. Traditional portfolio theory suggests that investors should carry some static percentage of their portfolio in cash to act as a diversifier against volatility in a portfolio, for liquidity purposes to add to existing bond or equity positions, or to fund new purchases. However, alongside the Bank of Canada’s recent interest rate increases, cash is...