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Synthetic ETF's to avoid 'Dividend Withholding Tax'?

JakeHyde
Posts: 90 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).

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'?
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