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17 Stock Top Picks and 6 Top ETFs (OCT 11-18)17 Stock Top Picks and 6 Top ETFs (Oct 11-18)This summary was created by AI, based on 3 opinions in the last 12 months.
HBP S&P/TSX 60 Index ETF (HXT-T) has garnered attention from experts primarily for its unique structure of not distributing any dividends. This feature results in all earnings growth being reflected in the stock's price, contributing to capital appreciation rather than income generation. As the ETF operates on a swap basis, it collects theoretical distributions and reinvests them into the asset price, making it a total return vehicle. With its long history and low fees, many experts consider it to be a cost-effective option for investors seeking growth. It is particularly noted for being tax-efficient, especially for those in higher tax brackets, as investors may face capital gains taxes rather than dividends when selling their shares.
Total return ETF. Not based on an index. Done on a swap basis instead. Takes the theoretical distributions and puts them into the price of the stock, so there is no distribution.
Older EFT with lots of history. Very low fees (perhaps cheapest in Canada). Does not pay distributions, good for capital appreciation. Overall, a great product.
HXT-T vs. XIU-T. They have basically identical holding but one pays a dividend so has different tax treatment. He is indifferent. In a TFSA, there is no reason to not to use the XIU-T.
A play on the blue chip stocks. It is Canada's cheapest at 3 basis points. It is swap based so pays no dividends. Canada is one of the better priced markets in the world.
This is a great representation of the TSX60. It is swap based, so this will not lead to any taxable distributions and a low MER.
(Past Top Pick, Sept. 21, 2017, Up 11%) It's for people who don't want income/yield (and lead to a better tax position). This ETF is swap-based and adds a little more risk. But he isn't worried about it.
(Past Top Pick, Sept.1, 2017, Up 11%) Covers the TSX, pays no dividends and charges a very low MER.
HBP S&P/TSX 60 Index ETF is a Canadian stock, trading under the symbol HXT-T on the Toronto Stock Exchange (HXT-CT). It is usually referred to as TSX:HXT or HXT-T
In the last year, 3 stock analysts published opinions about HXT-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for HBP S&P/TSX 60 Index ETF.
HBP S&P/TSX 60 Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for HBP S&P/TSX 60 Index ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered HBP S&P/TSX 60 Index ETF In the last year. It is a trending stock that is worth watching.
On 2025-03-06, HBP S&P/TSX 60 Index ETF (HXT-T) stock closed at a price of $64.78.
Any sale triggers either a capital loss or gain. It depends on the election you made with CRA on your exact tax treatment. Capital gains are the most efficient tax treatment.
Benefit of CRA and dividends only comes from Canadian companies. So, even if you have an ETF that pays a distribution that comes from European or American companies, that dividend is treated as income even though it comes through a Canadian ETF.
He very much likes the Global X series of corporate class ETFs. They give you broad exposure to markets but don't have those distributions, so they're a bit more tax-efficient. Now, there are some additional costs in there to create those structures. As well, it really depends on your tax rate whether they're a really big benefit to an individual. More benefit to those in higher tax brackets than in lower ones.