Q: VGG. Non registered account
Everyone seems to hold in registered
Is it ok to hold in non registered and why?
Thank you
Everyone seems to hold in registered
Is it ok to hold in non registered and why?
Thank you
5i Research Answer:
Capital gains are generally the most tax-efficient in a non-registered account, which is likely why it seems most individuals hold VGG in a registered account as it pays a distribution. However, the distribution is small (1.6%), so we would not be overly concerned with the slight tax efficiency downside within a non-registered account. We would be comfortable holding with a non-registered account.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VGG.