hi guys I know its a long shot anyone will even read this but I have 2 questions as im thinking of buying this one.
1.) the dividends are in US$, so when they get paid out they convert them to AUD$, but I read something that they take off
the US withholding tax is that true? how does that work? I know US withholding tax is like 30%, so of a divvy were eg. 10c I would only get 7c would I? would I have to tell this to my tax accountant here in Australia? would I also pay aussie tax on that divvy which was already taxed with the US withholding tax?
2.) I have read this ETF in UNHEDGED, so is a weaker AUD$ good for unit holders or a stronger AUD$ is better for unitholders?
cheers
I like this fund as it DOSENT own any US shares, mostly European, japan and Asian shares, as im very bearish USA long term that's good, but im also bearish JAPAN as its debt is enormous and its population is shrinking, that is very bad.
