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  5. LIFE.B: Are there any particular tax implications on the yield for these 2 ETFs ? [Evolve Global Healthcare Enhanced Yield Fund]
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Q: Are there any particular tax implications on the yield for these 2 ETFs ?

Thanks
Asked by Mark on October 23, 2024
5i Research Answer:

ETFs 'pass through' taxes to unit holders. For LIFE, distribution is a combination of return of capital, capital gains, and foreign income. The majority last year was return of capital. There are withholding taxes as well. Here is the 2023 breakdown of tax allocation. 

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