-
Global X S&P 500 Index Corporate Class ETF (HXS $89.21)
-
Global X Intl Developed Markets Equity Index Corporate Class ETF (HXDM $53.47)
-
Global X Emerging Markets Equity Index Corporate Class ETF (HXEM $42.52)
Q: This is a follow-up question to one I asked a few days ago regarding increasing Int’l exposure to my TFSA. Would the structure of the Global X Corporate class ETFs, eg. HXDM, HXS, HXEM, eliminate the drag of withholding taxes on the portfolio?
5i Research Answer:
Yes; the Global X total return funds do not pay any distributions and thus there is no withholding tax in any account on these funds.