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  5. BYD.UN: Sector question [Boyd Group Income Fund]
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Q: Sector question: Is BYD industrials or consumer cyclical?
Also, is it better taxwise to hold in a TFSA or RSP?
Thanks!

Asked by Brenda on July 19, 2021
5i Research Answer:

GICS (classification agency) classifies BYD as industrials. With more of a growth orientation, we would probably side with a TFSA on BYD but we do not think one account is a clear winner over the other.