skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. T: Hi Peter, Ryan, and Team, We need to increase our Telecom exposure in our non-registered account. [TELUS Corporation]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi Peter, Ryan, and Team,

We need to increase our Telecom exposure in our non-registered account. Is Telus investable today for a long-term hold, or should we wait for a pullback? Alternatively, since we also need to increase our US exposure, would you be OK with VOX (or similar ETF) instead of T, or would tax consequences make VOX or another US-based ETF a poor choice in an unregistered account? As always, thanks for your valued advice.

Asked by Jerry on November 09, 2021
5i Research Answer:

If one is just looking for sector exposure generally, we would prefer VOX for diversification. Fees are only 0.10%, and the indicated yield of 1% means withholding tax only is a 0.15% drag (in a non-reg account some of it may also be recoverable). We do think T could be bought today on its own as well.