thanks steven but the ISIN doesnt appear to be listed on most sites
i think the american ones are all distributing rather than accumulating ? , i dont think it really matters that much that its priced in dollars , there may be euro denominated etfs which are u.s domiciled but i imagine liquidity is pretty thinWell spotted. Yes, it is US domiciled, non-UCITS, but priced in USD, also check out the distributions.
Various providers/info services have searchable ETF lists - for example, Internaxx (used to be TD International) http://www.internaxx.com/iframe/etf-selector - you can find the VEA ISIN from this. You can also search ETFs by sector, geographic area, provider, accumulating/distributing etc.anyway the etf is VEA
can anyone confirm is this is u.s domiciled , i suspect it is but i cannot see the ISIN code no matter how hard i look
I mentioned in another post that I was at a seminar where a tax advisor said the gross up regime is more advantageous than paying CGT plus income tax on dividends every year, except where you have capital losses. Didn't get to see his assumptions though.Well, US domiciled ETFs are treated like any other US shares for Irish tax purposes.
It's actually not so clear cut that Irish/EU domiciled ETFs are less advantageous than non-Irish/EU domiciled ETFs - it very much depends on the assumptions made and an individual's marginal tax rate. The discussion on this thread from post #24 onwards goes into this point in some more detail -
There have also been rumours that exit tax will be reduced (in line with DIRT reductions) in the next budget.
I read yesterday that they are holding the cash and waiting for a correction in the market so that they can available of lower prices. I'm sure it was speculation but it might not be too far wrong.You won't find a US Dom ETF that doesn't pay dividends, but a good alternative is buying some Berkshire Hathaway stock.
Run by the famous Warren Buffet, the company owns 100's of other companies. As a result it is kind of like a mutual fund that owns lots of companies, hence you get the benefit of diversification by only holding 1 stock (just like an ETF). However Berkshire does not pay a dividend. They hold their cash and reinvest it.
2 caveats. Berkshire is currently sitting on 100 Billion USD of cash. Some people are speculating that this will "force" them to pay a dividend. Personally I think they will continue to hold cash until they find attractive opportunities to deploy it. Secondly Warren is in his mid 80's now. Many people have speculated that Berkshire stock will drop when he passes away.