Q: Would HXS etf be an appropriate choice for an RESP with a 10 year+ holding period, due to its low MER (0.11%); all equity; and no withholding taxes?
Do you have an alternative suggestion?
Do you have an alternative suggestion?
5i Research Answer:
Listed fees are low, but note there are also swap fees here to facilitate its total return status (no distributions). There are very few total return alternatives and we would be fully comfortable with HXS.