Stockchase Insights Horizons S&P 500 HXS-T BUY Dec 13, 2023

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Converts dividends into capital gains such that no distributions are paid out. Based off the S&P500 index so has good diversification exposure to large cap US companies. $3.2B in assets. Fees are a bit higher than a standard ETF, but taxes are deferred and shift to capital gains taxes over dividend income. Unlock Premium - Try 5i Free

He and his team are not tax experts, and the answer is very individual-specific. Consult your tax advisor.

XSP or ZSP are good starting points. One is hedged, one is not. HXS is another option, though it doesn't pay distributions, just accumulates as capital.

Believes markets will rise in 2023 - good product to get exposure. Owns shares in own portfolio. Sees more momentum in US stocks than in Canada with Magnificent 7 tech stocks. Good option for long term investors.  

Tax efficient option for S&P 500 (no distributions), total returns in capital gains. No tax bill. 

General position that is good for investors who are bullish on the market. Has recently began reducing position. Not as bullish as was at the start of the year. 

Excellent way to get exposure to S&P 500. No annual distribution (tax efficient). 

Great option for S&P 500 exposure. If taxable account, even better. If not taxable - get VFV. 

A global ETF that's the best for Canadians from a tax point of view. Slightly higher cost than others. It tracks a total return in the US market, and is tax-efficient in taxable Canadian accounts.