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Purchasing HISA's with an online Broker
September 16, 2018
4:18 pm
06honda
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September 16, 2018
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Cany any of the available HISA's be published with CIBC Investors Edge. If so where can you get a list of the trading symbol to complete a purchase within the Investors Edge account.

September 17, 2018
4:39 am
Londonguy
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06honda said
Cany any of the available HISA's be published with CIBC Investors Edge. If so where can you get a list of the trading symbol to complete a purchase within the Investors Edge account.  

Can't speak firsthand about IE but most if not all online brokers only allow clients to access their own bank's HISA products. If you try to enter a symbol for a competing bank's product, it's either greyed out or simply doesn't work.

Not that it really matters though, because they all pay the exact same rate, which is 1.35% at the moment (of course there's no collusion among the Big 5/Big 6, nosirree, absolutely not, no way).

This is CIBC's version of the ISA -- https://www.woodgundy.cibc.com/wg/investing-choices/high-interest-savings-account.html

If you can't find their symbol on your own using the IE search function, just call in and ask.

September 17, 2018
7:28 am
Norman1
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Londonguy said

This is CIBC's version of the ISA -- https://www.woodgundy.cibc.com/wg/investing-choices/high-interest-savings-account.html

Try the mutual fund symbol ATL5002, for the CIBC High Interest Savings Account (CTC), Series A, listed in the web page mentioned.

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