what options for Canadian pp cash portion?

metta2006 · Post by **metta2006** » Tue Dec 06, 2011 3:21 pm

Hi,

For Canadian cash portion, what do you think of using CLF?
http://www.claymoreinvestments.ca/etf/fund/clf/holdings

I read short term government bonds could be used for cash. But I notice CLF went down about 1% in the last 3 months although 1% loss seems not too bad as it pays coupons. Is it not a good substitute for high interest savings?

Would you use some US high interest savings account or US mmf for cash portion?

What else can I use for cash portion in Canada?
Thank you!