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  5. HXEM: This is a follow-up question to one I asked a few days ago regarding increasing Int’l exposure to my TFSA. [Global X Emerging Markets Equity Index Corporate Class ETF]
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Investment Q&A

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Q: This is a follow-up question to one I asked a few days ago regarding increasing Int’l exposure to my TFSA. Would the structure of the Global X Corporate class ETFs, eg. HXDM, HXS, HXEM, eliminate the drag of withholding taxes on the portfolio?
Asked by Bruce on November 20, 2024
5i Research Answer:

Yes; the Global X total return funds do not pay any distributions and thus there is no withholding tax in any account on these funds.