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  5. FIH.U: To minimize taxation, would you recommend holding FIH. [Fairfax India Holdings Corporation Subordinate Voting Shares]
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Investment Q&A

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Q: To minimize taxation, would you recommend holding FIH.U in a registered or an unregistered account? It appears to be a limited partnership but pays no dividend at this time and would only be subject to capital gains tax. There could always be special distributions in the future.
Thanks!
Asked by Grant on January 25, 2024
5i Research Answer:

FIH.U is set up as a Canadian corporation. It has never paid dividends, and is not really expected to (though this could change). We would see an unregistered account as best.