facebookHi, a bit confused about this but... are Irish domiciled ETFs affected by the UK economy as well? - Seedly

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Anonymous

22 Oct 2020

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General Investing

Hi, a bit confused about this but... are Irish domiciled ETFs affected by the UK economy as well?

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What is meant by Irish domicile is only the location of the issuing fund company branch/registration/legal domicile.

So much so that the price development (excluding ETFs that hold UK equity) is independent of U.K. economy.

The principal importance of the Ireland domicile lies in the more tax friendly treatment of dividends of U.S. stocks.

source:

https://fattysfinance.com/2020/08/01/are-irish-...

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