With Cd's soon to be 1% or lower, we need to discuss the best cash alternative funds.
Last cycle, RPHYX and then ZEOIX were heros. RPHYX has been soso for the past 1 yr while ZEOIX has kicked butt (maybe because they had some high quality but junk type short term bonds like Lions gate).
IOFIX has been a monster; have added to the PAIAX and the Angel Oak ultrashort as well recently.
Anyone have other suggestions + maybe what ratio they'd put in each of those going forward for a 2-3% absolute return.