Youve not included ZMMK in your list of HISA ETFs, any particular reason?

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Asked on January 29, 2024 9:46 am
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Hey there. ZMMK is a money market fund, not a HISA ETF.

ZMMK can have things like treasury bills, bankers' acceptances, and commercial paper. HISA ETFs are strictly cash inside savings accounts. If you look at our post on the best money market funds, ZMMK is there.

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Posted by Dan Kent
Answered on January 29, 2024 12:12 pm
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Is there an advantage of one over the other from a tax perspective. E.g. does one generate interest income rather than dividends
(Beverly Cott at January 30, 2024 7:53 am)
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They're both going to deliver interest income, so no.
(Dan Kent at January 30, 2024 7:54 am)