Q: Can you please suggest an ETF. Looking for Japan equity exposure, mid-large cap with a decent yield and good liquidity?
Thanks.
Thanks.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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BMO MSCI Emerging Markets Index ETF (ZEM)
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iShares Core MSCI EAFE IMI Index ETF (XEF)
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Vanguard FTSE Emerging Markets All Cap Index ETF (VEE)
Q: Just a follow up on the XEF. Would the 37%(mostly japan) Asia component be adequate for an emerging market exposure or would you want a true ETF like the ZEM you mentioned to go along with XEF?
Q: Looking for a decent emerging market tax friendly ( non registered account) ETF to complement ZDI, or can you suggest 1 ETF that has a combination of emerging and developed (international) exposure.
Would the distributions be eligible for the canadian dividend tax credit in ZDI or the one you recommend?
thanks
jeff
Would the distributions be eligible for the canadian dividend tax credit in ZDI or the one you recommend?
thanks
jeff
Q: I currently own rid.ca and am looking to replace it with a better performing etf. What would be your suggestion?
Earl
Earl
Q: When a stock goes ex dividend, the price always appears to be reduced by the dividend amount on the ex dividend day. So, for example, a share is quoted at $10.00 and pays a $0.10 dividend. The stock may show on ex dividend day at $9.95 - up $0.05 when it is in fact down $0.05 from the previous close. Why is this and is it the TSX that does this?
Q: What is your opinion on Nestlé? Which of the two ADRs should I buy? I have not been able to find a bid or ask on these ADRs - why and how should I proceed? Thank you!
Q: What ETF is the best way to buy the Hang Seng index?
Q: May I have your opinion on Luckin Coffee (LK) please? Thank you.
Q: Hello, I know this company is not covered by your team, nevertheless what would be your take on it? Thanks, Gervais
Q: Hi Team, I am thinking to buy European banks (some say European Banks is going down), please comment on HSBC please !
Thanks as always, Tak
Thanks as always, Tak
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BMO MSCI Emerging Markets Index ETF (ZEM)
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iShares Core MSCI Emerging Markets IMI Index ETF (XEC)
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Vanguard FTSE Emerging Markets All Cap Index ETF (VEE)
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Vanguard FTSE Emerging Markets ETF (VWO)
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iShares Core MSCI Emerging Markets ETF (IEMG)
Q: This is a follow up to my question about EM ETFs.
The way I see it, XEC holds only IEMG, but in Canadian funds. With XEC, there are 2 layers of foreign withholding taxes, one from the EM countries, and one from the US, neither of which are recoverable. This amounts to up to 27.75% (15% + 15% of the remaining 85%) withholding taxes on dividends, none of which are not recoverable.
With IEMG, the US withholding taxes are recoverable, so the total withholding taxes are up to 15%. That is a significant difference.
The same holds for VEE (holds only VWO).
ZEM looks like it holds about 15% US based ETFs, and the rest are direct holdings. That means that the withholding taxes are mostly recoverable (4.16% are non recoverable (from 15% of the holding times 27.75% from the above calculation), but the rest may be, depending on the treaties Canada has with each EM country).
Is this correct reasoning?
If it is correct, are there any other EM ETFs that have mostly direct holdings in addition to ZEM? Also, why would you recommend XEC over IEMG and VEE over VWO, especially considering the lower MER for IEMG and VWO?
If my reasoning is not correct, why, and which ETFs would be best from a taxation perspective?
Thanks, and I hope my question is clear,
Fed
The way I see it, XEC holds only IEMG, but in Canadian funds. With XEC, there are 2 layers of foreign withholding taxes, one from the EM countries, and one from the US, neither of which are recoverable. This amounts to up to 27.75% (15% + 15% of the remaining 85%) withholding taxes on dividends, none of which are not recoverable.
With IEMG, the US withholding taxes are recoverable, so the total withholding taxes are up to 15%. That is a significant difference.
The same holds for VEE (holds only VWO).
ZEM looks like it holds about 15% US based ETFs, and the rest are direct holdings. That means that the withholding taxes are mostly recoverable (4.16% are non recoverable (from 15% of the holding times 27.75% from the above calculation), but the rest may be, depending on the treaties Canada has with each EM country).
Is this correct reasoning?
If it is correct, are there any other EM ETFs that have mostly direct holdings in addition to ZEM? Also, why would you recommend XEC over IEMG and VEE over VWO, especially considering the lower MER for IEMG and VWO?
If my reasoning is not correct, why, and which ETFs would be best from a taxation perspective?
Thanks, and I hope my question is clear,
Fed
Q: MCHI Vs FXI
What's your opinion regarding potential return in 3-5 years.
What's your opinion regarding potential return in 3-5 years.
Q: May I have your assessment of Gazprom. Thank you.
Q: Thoughts on earnings release and short term outlook please?
Q: Peter & Co., I am considering a position in NOVO for a 2-3 year hold. May I please have your analysis and recommendation?
With appreciation.
Ed
With appreciation.
Ed
Q: Good Morning,
I'm trying to find some info on Epic Games that owns Fortnite? I think Epic is a private company however I believe that Tencent Holdings out of China owns 40% of them? Is TME on the US exchange the ADR that I am looking for? Trades around $14/share? Also any thoughts on their video game business and is this a good way to play it?
Thank-you
I'm trying to find some info on Epic Games that owns Fortnite? I think Epic is a private company however I believe that Tencent Holdings out of China owns 40% of them? Is TME on the US exchange the ADR that I am looking for? Trades around $14/share? Also any thoughts on their video game business and is this a good way to play it?
Thank-you
Q: While acknowledging that you do not cover US companies as much, which of of the two TOT.SA or BP would you prefer for a long term hold in a US$ RRIF?
Q: Any thoughts on the IPO for Kura Sushi? (The IPO is scheduled for August 1st and the call sign is supposed to be KRUS:US which I think is already taken). I recently saw the concept in London England. There seemed to be some interest to eat there on the part of the younger generation however other restaurants were more busy. Not sure “food on the conveyor belt” concept is going to catch on with me and others.
Regards
Jim
Thanks,
Jim
Regards
Jim
Thanks,
Jim
Q: Currently hold VYM in my US$ RRIF. I note that SDIV has a much higher dividend yield, is that because of it's global exposure? Is the tax treatment the same for both inside the RRIF?
Q: Hi,
The portfolio Analytics suggests that I hold 8% in communication. Currently I only have 2%, all in Telus. Could you please suggest 2-3 names in the sector, both in U.S. and international? thanks.
The portfolio Analytics suggests that I hold 8% in communication. Currently I only have 2%, all in Telus. Could you please suggest 2-3 names in the sector, both in U.S. and international? thanks.