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  5. ZDM: Hi, On Jan 9th I asked the following question Q [BMO MSCI EAFE Hedged to CAD Index ETF]
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Investment Q&A

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Q: Hi,
On Jan 9th I asked the following question
Q: can you tell me 1) if there is any difference in XEF and ZDM in terms of tax efficiency and 2) which accounts are best to hold these ETFs in in terms of tax efficiency (please rank from best to worse) ?

You answered the first part but not the second part. 2) Could you please rank from best to worse in regard to tax efficiency, which account (e.g., RRSP, TFSA, nonregistered) is best to hold them.
Thanks
Asked by Mary on January 12, 2024
5i Research Answer:

XEF is better for overall efficiency. For accounts we would be largely indifferent between cash and RRSP but would rank TFSA last.