Q: Hello,
This is one statement from the fund facts(The ETF will employ a currency hedging strategy that seeks to hedge its exposure to U.S. dollars or other foreign currencies within the non-Canadian fixed income asset class.)
I assume that the U.S and foreign Equity holding are unhedged? And is the cost to hedge the US bonds included in the MER?
Also if XBAL is held in a RRSP will I get the withholding taxes back from the US dividends.
Thank you.
Derek
Q: Is there any issue with withholding taxes and holding XBAL in a RRSP?
Thanks,
Joe
-
iShares Diversified Monthly Income ETF (XTR)
-
Vanguard Balanced ETF Portfolio (VBAL)
-
Horizons Balanced TRI ETF Portfolio (HBAL)
-
iShares Core Balanced ETF Portfolio (XBAL)
-
BMO Balanced ETF (ZBAL)
Q: I currently hold investments in Fidelity Balanced Income Private Pool and Franklin Quotential Diversified Income. I will be transferring the funds from these mutual funds to ETFs with lower management fees. Please provide a list of 5 suitable ETFs and rank them from 1 to 5. Thank you.
Read Answer Asked by Don on July 11, 2022