Q: I am considering buying HXS but noticed the mer is .11% and the ter is .30% for a total of .41%. This seems huge, especially given other S&P 500 etf's like VFV have a ter of 0. Why is this?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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BMO S&P 500 Index ETF (ZSP $103.77)
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Global X S&P 500 Index Corporate Class ETF (HXS $97.77)
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Vanguard Dividend Appreciation FTF (VIG $224.45)
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State Street SPDR S&P 500 ETF Trust (SPY $695.49)
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INVESCO QQQ Trust (QQQ $631.13)
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Global X Nasdaq-100 Index Corporate Class ETF (HXQ $101.17)
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BMO Nasdaq 100 Equity Index ETF (ZNQ $113.95)
Q: If using your balanced portfolio as my canadian content for an equity portfolio could you please recommend some equity etfs for ex canadian content and what % would be canadian of the total portfolio? I was thinking 40% and 60% outside canada
Thx
Thx
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BMO S&P 500 Index ETF (ZSP $103.77)
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Global X S&P 500 Index Corporate Class ETF (HXS $97.77)
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Vanguard S&P 500 Index ETF (VFV $168.18)
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Vanguard Growth ETF (VUG $489.90)
Q: Hi, I was looking for a US Growth ETF sold on the Cdn exchange that is the equivalent of VUG that I can buy with Cdn dollars.
Thx
Thx
Q: Do you prefer HXS or VFV for a FHSA with a timeline of 3-5 years? and what would be your reasoning?
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Global X S&P 500 Index Corporate Class ETF (HXS $97.77)
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Global X S&P/TSX 60 Index Corporate Class ETF (HXT $85.31)
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Global X Intl Developed Markets Equity Index Corporate Class ETF (HXDM $61.65)
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Global X Emerging Markets Equity Index Corporate Class ETF (HXEM $51.70)
Q: Has Horizon simply changed its name or has it sold to a new company?? The above funds are now called Global X.... If sold, can you please tell me about the new company.
Thanks!
Thanks!
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Microsoft Corporation (MSFT $480.58)
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NVIDIA Corporation (NVDA $188.52)
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Alimentation Couche-Tard Inc. (ATD $73.68)
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Black Diamond Group Limited (BDI $16.56)
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goeasy Ltd. (GSY $128.26)
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BMO Nasdaq 100 Equity Hedged To CAD Index ETF (ZQQ $177.12)
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Global X S&P 500 Index Corporate Class ETF (HXS $97.77)
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EQB Inc. (EQB $107.50)
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Lumine Group Inc. (LMN $23.19)
Q: The above holdings are in an RESP that won’t be required for at least 7 years. For new money, which sectors to add and a couple of suggestions please.
Q: Thanks for all the great work you do.
To obtain the total return HXS adds the dividend to the NAV.
My question is, is this distributed say quarterly or annually, or is this done throughout the ex div dates of all the S&P holdings (seems like a lot of math).
Thank you
To obtain the total return HXS adds the dividend to the NAV.
My question is, is this distributed say quarterly or annually, or is this done throughout the ex div dates of all the S&P holdings (seems like a lot of math).
Thank you
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Global X S&P 500 Index Corporate Class ETF (HXS $97.77)
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iShares MSCI World Index ETF (XWD $111.40)
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Vanguard S&P 500 Index ETF (VFV $168.18)
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Vanguard U.S. Dividend Appreciation Index ETF (VGG $103.74)
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Vanguard Balanced ETF Portfolio (VBAL $37.67)
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Global X Balanced Asset Allocation ETF (HBAL $17.74)
Q: Good morning,
I am not crystal clear on the most tax efficient account to hold each of the above listed ETFs and before moving any of them to another type of account, I would very much appreciate your guidance on the most tax efficient type of account to hold each of the above listed ETFs.
The above listed ETFs are all held in our family Registered (RRSP/TFSA/RESP) and Non-Registered accounts.
Thank you and I'll await your sage advice.
I am not crystal clear on the most tax efficient account to hold each of the above listed ETFs and before moving any of them to another type of account, I would very much appreciate your guidance on the most tax efficient type of account to hold each of the above listed ETFs.
The above listed ETFs are all held in our family Registered (RRSP/TFSA/RESP) and Non-Registered accounts.
Thank you and I'll await your sage advice.
Q: Hi there,
What’s a Swap ETF? Seems like Horizons has some of them. Apparently they are very tax efficient in non-registered accounts and have higher than average yields?
What do you think?
Ok thanks!
What’s a Swap ETF? Seems like Horizons has some of them. Apparently they are very tax efficient in non-registered accounts and have higher than average yields?
What do you think?
Ok thanks!
Q: Dear 5i
I`m sure i`ve asked this question before but i cannot find your answer to this question .
Do you have to include ETF's that are Canadian listed that hold US stocks such as HXS and ZSP as part of my foreign reporting re foreign assets on my taxes ?
Also i have 3 ETF's that apparently have Trust or Partnership income (ZLB,CDZ,ZSP ). I have not received this notification before from my brokerage firm so i'm assuming this is a relatively new structuring of these particular ETF's . That said , is trust and partnership income taxed more or less than other forms of income ? Are you taxed on this income derived from capital gains , dividend or interest income ?
Thanks
Bill C
I`m sure i`ve asked this question before but i cannot find your answer to this question .
Do you have to include ETF's that are Canadian listed that hold US stocks such as HXS and ZSP as part of my foreign reporting re foreign assets on my taxes ?
Also i have 3 ETF's that apparently have Trust or Partnership income (ZLB,CDZ,ZSP ). I have not received this notification before from my brokerage firm so i'm assuming this is a relatively new structuring of these particular ETF's . That said , is trust and partnership income taxed more or less than other forms of income ? Are you taxed on this income derived from capital gains , dividend or interest income ?
Thanks
Bill C
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iShares Russell 2000 Growth ETF (IWO $346.11)
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Global X S&P 500 Index Corporate Class ETF (HXS $97.77)
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iShares Core S&P/TSX Capped Composite Index ETF (XIC $52.82)
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iShares S&P/TSX Capped Information Technology Index ETF (XIT $71.99)
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Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-Hedged) (VI $49.83)
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Vanguard S&P 500 Index ETF (VFV $168.18)
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State Street SPDR S&P 500 ETF Trust (SPY $695.49)
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Pacer US Small Cap Cash Cows ETF (CALF $45.57)
Q: Can you please suggest a few ETF's for a young investor who has recently opened a brokerage account.
My 30 y/o son will be transferring funds currently held at his bank. (TSFA , RESP, RRSP accounts) He is looking for long term investments options.
We as grand parents have started a RESP for each of the grandchildren. Looking after their first year RESP contributions. Currently invested in HXS and a small VFV position.
Can you please give some options for :
RRSP
RESP
TSFA
Thank you
Gord
My 30 y/o son will be transferring funds currently held at his bank. (TSFA , RESP, RRSP accounts) He is looking for long term investments options.
We as grand parents have started a RESP for each of the grandchildren. Looking after their first year RESP contributions. Currently invested in HXS and a small VFV position.
Can you please give some options for :
RRSP
RESP
TSFA
Thank you
Gord
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Global X S&P 500 Index Corporate Class ETF (HXS $97.77)
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Vanguard S&P 500 Index ETF (VFV $168.18)
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Vanguard S&P 500 ETF (VOO $639.70)
Q: please confirm that Owning VFV in an RRSP there withholding tax is not applied? If it is do you have a suggestion on an S&P eft that would be exempt this hold back
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Global X S&P 500 Index Corporate Class ETF (HXS $97.77)
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Vanguard S&P 500 Index ETF (VFV $168.18)
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Global X Nasdaq-100 Index Corporate Class ETF (HXQ $101.17)
Q: You recently recommended US/CA equities at 65%/35%. With US ETFs and CDRs I am only at 20% US. I am considering significantly increasing my holdings of HXS, VFV, and HXQ to make up the shortfall of 45% US. Do you see any downside to this approach?
Q: I have over 8000 shares of VFV in my NR, up about 50%. I am looking to hold for 20 years and not touch them. Unbeknownst to me when I bought them, I now realize there is a tax disadvantage compared to HXS. How much performance drag will occur from the tax disadvantage, and would it be worth the capital gains tax to sell and switch?
I could sell and incur huge capital gains on these shares, but I am not sure if it would be worth paying the capital gains to sell them and buy HXS.
My alternate plan going forward was to buy HXS with my dividends, instead of VFV.
I could sell and incur huge capital gains on these shares, but I am not sure if it would be worth paying the capital gains to sell them and buy HXS.
My alternate plan going forward was to buy HXS with my dividends, instead of VFV.
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BMO S&P 500 Index ETF (ZSP $103.77)
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Global X S&P 500 Index Corporate Class ETF (HXS $97.77)
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iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ $63.85)
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State Street SPDR S&P 500 ETF Trust (SPY $695.49)
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Global X Nasdaq-100 Index Corporate Class ETF (HXQ $101.17)
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BMO Nasdaq 100 Equity Index ETF (ZNQ $113.95)
Q: There are a number of Canadian based NASDAQ100 and S&P500 ETF's. Which NASDAQ100 and S&P500 ETF would you prefer, or would be "best", for a TFSA account, and why? Would investing within an RRSP or in a non-registered account alter your selections and if so, why would that be? Thanks.
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iShares Russell 2000 Growth ETF (IWO $346.11)
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Global X S&P 500 Index Corporate Class ETF (HXS $97.77)
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iShares Core Canadian Universe Bond Index ETF (XBB $28.23)
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iShares Core S&P/TSX Capped Composite Index ETF (XIC $52.82)
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iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $41.89)
Q: Please recommend 5 ETF's for a young investor just starting her career and investing in her first TFSA. Thank you in advance.
Q: The ETF, HXS pays no dividend. So if HXS was held in a RESP account, can one avoid the US 15% withholding on dividends, because HXS pays no dividend, whereas ZSP held in a RESP account would be subject to the 15% withholding tax, because it does pay a dividend. Thanks … Cal
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BMO S&P 500 Index ETF (ZSP $103.77)
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Global X S&P 500 Index Corporate Class ETF (HXS $97.77)
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Vanguard S&P 500 Index ETF (VFV $168.18)
Q: Good morning,
I am looking for the best ETF to hold in my TFSA account that follows the S&P 500 index along with the reasons for your particular preference?
I understand that since HXS does have any distributions, there is no withholding tax to be concerned with which is an advantage. On the other hand, due to the distinct tax efficient structure of HXS, the MER on the HXS is higher than VFV and other similar ETFs that track the same index.
Given that both ETFs track the same index is there a clear winner for a TFSA account?
Thank you and I'll await your sage advice.
I am looking for the best ETF to hold in my TFSA account that follows the S&P 500 index along with the reasons for your particular preference?
I understand that since HXS does have any distributions, there is no withholding tax to be concerned with which is an advantage. On the other hand, due to the distinct tax efficient structure of HXS, the MER on the HXS is higher than VFV and other similar ETFs that track the same index.
Given that both ETFs track the same index is there a clear winner for a TFSA account?
Thank you and I'll await your sage advice.
Q: In a recent answer your wrote HXS we like but many investors do not understand the swap/derivatives so we often mention it after other ETFs. I agree, I did an internet search to try to understand the swap/derivatives procedure, but am still confused. I understand the tax advantages of HXS held in a non-registered account, but if VFV was held in a RRSP is it not better to receive VFV capital gains PLUS dividends then just HXS capital gains & No dividends. For both VFV & HXS track the same S&P 500 Index, so their performance should be the same, less different MER charges. Thanks … Cal
Q: In a recent answer comparing the 2 ETFs, VFV & HXS, you said HXS does not pay any distribution. Does that mean it is like DRIP, instead of a dividend payment, your share holdings increase every quarter. Thanks … Cal