We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
We're aware that some users are currently experiencing errors on the Forum. Our tech team is working to resolve the issue. Thanks for your patience.
Synthetic ETF's to avoid 'Dividend Withholding Tax'?
JakeHyde
Posts: 93 Forumite
Hi guys,
So I just stumbled onto this video by "Money Unshackled", they talk about a hidden tax when investing in American index funds (S&P500).
https://www.youtube.com/watch?v=mAJsE4HwbOc&t=634s
They say investing in a synthetic fund, more specifically the "iShares S&P 500 Swap", helps avoid a sneaky 'Dividend Withholding Tax'.
So I had a quick look at the available index funs.... I have to say I never imagines there would be SO many S&P 500 index options?!!?!? How come? haha
Have you ever experienced this 'Dividend Withholding Tax'?
So I just stumbled onto this video by "Money Unshackled", they talk about a hidden tax when investing in American index funds (S&P500).
https://www.youtube.com/watch?v=mAJsE4HwbOc&t=634sThey say investing in a synthetic fund, more specifically the "iShares S&P 500 Swap", helps avoid a sneaky 'Dividend Withholding Tax'.
So I had a quick look at the available index funs.... I have to say I never imagines there would be SO many S&P 500 index options?!!?!? How come? haha
Have you ever experienced this 'Dividend Withholding Tax'?
-1
Comments
-
0
https://www.youtube.com/watch?v=jOB5TpTjYU8Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards