Q: Thoughts on this ETF, how is the income treated in a non registered account.
5i Research Answer:
Taxes will vary yearly, and will be a combination of capital gains, dividends and return of capital. For investors looking for enhanced income in the gold sector, we would be very comfortable owning this. It has done well, with a 52.9% YTD return. Assets are $394M, fees 0.81%. We like its holdings and strategy.