Author Topic: Coreshares Preftrax  (Read 19690 times)

Moonraker

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Re: Coreshares Preftrax
« Reply #15 on: January 20, 2017, 10:42:33 am »
Hmmm.. Perhaps only applicable to trusts - 'tainted preference shares'
The Income Tax Act currently contains complex rules which seek to recharacterise preference share funding as debt in certain circumstances.

I hold some pref. shares which are subject to 15% withholding tax (unlike local REITS where there is no withholding tax). I don't think anything will change, but will
check in March when divs. are due.

RayRay

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Re: Coreshares Preftrax
« Reply #16 on: January 31, 2017, 07:16:33 am »
https://justonelap.com/money-dilemmas/

A bit of discussion regarding the PREFTX.

Hamster

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Re: Coreshares Preftrax
« Reply #17 on: January 31, 2017, 09:26:13 am »
https://justonelap.com/money-dilemmas/

A bit of discussion regarding the PREFTX.

Mind sharing the highlights? Can't listen to it here at work.

RayRay

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Re: Coreshares Preftrax
« Reply #18 on: January 31, 2017, 08:36:48 pm »
https://justonelap.com/money-dilemmas/

A bit of discussion regarding the PREFTX.

Mind sharing the highlights? Can't listen to it here at work.
Underlying assets (pref shares) do not appreciate, who knows what's going to happen to the ahare price, do not buy preftx😅
Did you listen to the show?

Hamster

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Re: Coreshares Preftrax
« Reply #19 on: January 31, 2017, 08:44:22 pm »
https://justonelap.com/money-dilemmas/

A bit of discussion regarding the PREFTX.

Mind sharing the highlights? Can't listen to it here at work.
Underlying assets (pref shares) do not appreciate, who knows what's going to happen to the ahare price, do not buy preftx😅
Did you listen to the show?
No. Preoccupied with starting a new job tomorrow.

So basically still the same view they had before: Useless if you don't reinvest the dividends.

Probably better off with a decent fixed deposit.

RayRay

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Re: Coreshares Preftrax
« Reply #20 on: January 31, 2017, 09:11:29 pm »
Good luck.

I wouldn't say you're better off with a fixed deposit, but let's just say there are better ETF options available.