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  5. XUU: I just noticed that XUU is an ETF of ETFs. [iShares Core S&P U.S. Total Market Index ETF]

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Q: I just noticed that XUU is an ETF of ETFs. Does increase the possible problems with ETFs, such as tracking errors, fees, and liquidity? Does it add further issues? Also, what are the taxation implications?

Thank you once again.
Asked by Federico on November 12, 2024
5i Research Answer:
There is an additional small level of withholding tax for Canadian funds that do not hold US...
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