Q: About taxes: Do you see any tax problem in buying FINB BMO S&P 500 (USD)
ZSP.U in december 2024? Is it better taxwise to wait for the beginning of 2025?
ZSP.U in december 2024? Is it better taxwise to wait for the beginning of 2025?
5i Research Answer:
We would have no particular concern. ZSP did not pay a special dividend last year nor any previous year. The year end dividend is a bit higher, typically, but these are not phantom dividends and actual cash will be paid to unit holders.