• BMO Covered Call Canadian Banks ETF (ZWB)
  • View ZWB Profile
  • View Questions on ZWB
• BMO Equal Weight Banks Index ETF (ZEB)
  • View ZEB Profile
  • View Questions on ZEB
• Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB)
  • View HEWB Profile
  • View Questions on HEWB
• RBC Canadian Bank Yield Index ETF (RBNK)
  • View RBNK Profile
  • View Questions on RBNK

Q: For a long term hold (15 years) in a RESP, would you prefer ZEB or ZWB and provide reasons why. Also any other suggestions would be appreciated.

Upvote 3

Read Answer Asked by David on December 01, 2023

• Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB)
  • View HEWB Profile
  • View Questions on HEWB
• Global X Cash Maximizer Corporate Class ETF (HSAV)
  • View HSAV Profile
  • View Questions on HSAV

Q: In a non registered account,there is no tax on hsav monthly interest neither on hewb monthly dividend.When those ETF are sold though,do one has to pay tax on the total of interest accumulated in the ETF or on total dividends accumulated (+capital gains)since the acquisition,or tax shall be only due on capital gains ?

Upvote 1

Read Answer Asked by Jean-Yves on November 06, 2023

• BMO Equal Weight Banks Index ETF (ZEB)
  • View ZEB Profile
  • View Questions on ZEB
• Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB)
  • View HEWB Profile
  • View Questions on HEWB

Q: Any issues I should be aware of in switching from ZEB to HEWB in a taxable account other than taxable capital gains on the sale of ZEB? I am trying to lower taxable income which is impacting OAS payments.

Upvote 0

Read Answer Asked by Earl on April 13, 2022