You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

JPMorgan Nasdaq Equity Premium Income ETF (JEPQ $59.16)
- $59.16 P/E (TTM): 28.44X Cap: $27.40B
- View JEPQ Profile
- View Questions on JEPQ
JPMorgan US Equity Premium Income Active ETF (JEPI $25.25)
- $25.25 P/E (TTM): 24.0X Cap: $228M
- View JEPI Profile
- View Questions on JEPI

Q: JEPI can be bought in either USD or CAD. If I buy it in CAD is the dividend paid in Canadian dollars and therefore no 15% holdback if held in a non registered account?

Would the same apply to JEPQ?

Thanks

Asked by Donald on December 09, 2025

5i Research Answer:

It is not the currency that dictates the tax treatment, nor where it trades. It is the domicile of the fund and what it owns. 80% of JEPI's holdings are US stocks, and thus withholding tax on dividends applies on this portion. The balance of the fund is from several countries each of which will also have (varying) tax withheld. JEPQ is similar. The Canadian listed ETFs as well.

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

Access to a team of experts ready to answer your investments question
Instant access to over 100,000 archived questions
A community of like-minded investors
Peace of mind knowing that 5i Research has only YOUR best interests in mind

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use