Zero dividend ETF
Discussion
Do ETFs paying zero dividends exist in the UK? A family member has quite a substantial amount to invest, but does not want any dividends as it would take him into a higher tax bracket. I am well aware that some investment trusts wrap up dividends into the investment, but I cannot find any ETFs which do the same.
williaa68 said:
Does it have to be an ETF? Could it not just be a regular unit trust? I use the fidelity index world fund in my kids SIPP. It is an accumulation fund, priced daily etc.
You still need to declare and then pay tax on reinvested dividends though if held in a taxable account.Gassing Station | Finance | Top of Page | What's New | My Stuff


