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  5. XDIV: To my big surprise the monthly income from XDIV is classified as "interests" income at BMO Investorline and not as dividends income. [iShares Core MSCI Canadian Quality Dividend Index ETF]

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Q: To my big surprise the monthly income from XDIV is classified as "interests" income at BMO Investorline and not as dividends income. A T5 slip will confirm this in a few weeks but in your view should it be interest or dividend? Thanks.
Asked by Charles on January 13, 2025
5i Research Answer:
Our data shows the fund is 100% equities and 100% Canadian. Both of these imply that dividends...
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