Q: Thoughts on these etfs in a non registered account
How would the distributions be taxed
How would the distributions be taxed
5i Research Answer:
In 2022, 100% of HTA distributions were considered return of capital. For HHL 94% was. HTA's fees are high at 0.99%, but it has performed well with a five year return of +13.9%. It owns a nice group of tech companies and provides a 8%+ yield. We would be fine owning it for higher-income tech exposure. HHL we would have the same comments, for the healthcare sector. But performance is less robust (five year +9.3%). But still a decent high-income fund.