Q: For etfs like these held in a cash account, is the holder paying a withholding on the yield, in some way?
Is the tax withheld at the level of the etf provider, or would one see the amount withheld in one’s brokerage account.
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Air Canada Voting and Variable Voting Shares (AC)
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Vanguard U.S. Total Market Index ETF (VUN)
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Brookfield Corporation Class A Limited Voting Shares (BN)
Q: For an RESP with withdrawals starting this year, ending likely 10 to 11 years out for youngest child:
Largest holding is the ETF VUN (US) at 43% followed by BN and AC at around 12% each, then TOI, DOO , ATZ, SU, BAM in the 3-10% range each. Not included is the unfortunate loss of about 8% of the RESP due to failure of XBC.
So the focus remains on growth for the next 4-5 years to keep withdrawals mostly funded by growth.
Thoughts on keeping VUN as is? What about a higher-yielding ZWB in lieu of the individual stocks? Any concerns / risks that you know of for the stocks listed or maybe can offer some lower-risk substitutions?
Big thank you!
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Vanguard U.S. Total Market Index ETF (VUN)
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iShares Core U.S. Aggregate Bond ETF (AGG)
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Vanguard Balanced ETF Portfolio (VBAL)
Q: Hi 5i
Wondering if you know of a US equivalent of vbal, that a Canadian can buy. From my own search, it seems like there is onlya US mutual fund equivalent, which Canadians can’t buy. But maybe you have other information.
Thanks