Separately Managed Accounts Explained
At the beginning of your investment journey, you might start investing with a combination of exchange-traded funds (ETFs), mutual funds, and other investments when you develop your investment portfolio. But if your funds expand, you might want a strategy more tailored to your personal investment needs. With a separately managed account (SMA), you have more […]
Foreign Dividend Withholding Tax
What is Foreign Dividend Withholding Tax? Foreign dividend withholding tax (WHT) is a tax withheld from dividends paid to shareholders of companies. The law of the country where the company is domiciled determines the amount of the foreign withholding tax. It can vary significantly from one jurisdiction to another. Foreign tax authorities charge withholding tax […]
CIT’s: Tax Exempt or Not?
Collective Investment Trusts: Tax Exempt or Not? There are investment funds specifically created for qualified retirement plans. These are called collective investment trusts (CITs) and they are investment funds that are operated by banks and trust organisations. CITs are gaining popularity as they are simpler to use and are an important instrument in creating a […]