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ETF etc

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ETF etc

Hi Team, 1) Are there Indian or Japanese ETFs listed in ASX? If so, please rate them in terms of quality & expense ratio. 2) How can I buy US dividend-paying stocks in another jurisdiction to avoid the US withholding tax? 3)Please explain what does the following refer to? Why is the dividend paid in Canadian dollar? Alphabet (GOOGL) Yield Shares Purpose ETF declares CAD 0.20 dividend Alphabet (GOOGL) Yield Shares Purpose ETF (NEOE:YGOG:CA) declares CAD 0.20/share monthly dividend. Thanks & regards, Sidney

Answer

Hi Sidney,

Indian ETFs

Betashares India Quality ETF (IIND), tracks the 30 highest quality Indian companies based on a combined ranking of the following key factors – high profitability, low leverage and high earnings stability.

ETFS Reliance India Nifty 50 (NDIA), tracks 50 of the largest and most liquid blue-chip companies listed on the National Stock Exchange of India (NSE).

Both charge management fee of 0.8%.

Japan ETFs

iShares MSCI Japan (IJP), tracks a broad index of Japanese stocks.

US Withholding Tax

We don’t think that’s possible (could possibly be wrong but would be surprised). Any product that holds US stocks would incur the 15% holding tax (assuming a W-8 BEN form is lodged – otherwise its 30%) which would be included in the products return. Holding direct US stock and completing a the above form in our view, is the most efficient way of investing.

Canadian Dividend

Canadian dividend paid because you are referring to a Canadian listed product, denoted by the CA at the end of the code you supplied.

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