Q: Are there any EAFE and TSX ETFs that do not pay dividends or interest?
Thanks
Thanks
5i Research Answer:
For broad index exposure, this can be tough to find. Many of the TSX tracking ETFs own a significant portion of financials in their portfolio so distributions are inherent. Global X does have a line of ETFs which do not pay distributions, one being HXT which is its S&P/TSX 60 Index Corporate Class ETF. It is decently liquid, above $3B in net assets and charges a low expense ratio at 0.07%. The ETF uses swap contracts and does not pay distribtutions at all. On the EAFE, we are unfamiliar with any suggestions here.