Q: Good morning team, just for clarity ZDI is not subject to withholding taxes in a tfsa correct? Also is there much overlap between vxc and zdi?
As always, great work.
As always, great work.
5i Research Answer:
Some of the withholding taxes can be avoided, but not all. There is some portion of the fund exposed to US equities, which will likely carry some withholding taxes.
Please note that VXC is a fund of funds, meaning subject to withholding tax. VXC allows for more than 11,000 stock exposures while ZDI holds nearly 101 stocks. There is some overlap between the two.