No. of Recommendations: 0
Small correction to my earlier post - I think the yield today was closer to 4.6% than 4.4%.
I had taken the info from the iShares page, but it seems to calculate from yesterday's price, and there was a big move.
4.6% is *after* the 0.4% running cost on the ETF (which is outrageous, but, that's life) *and* after the withholding tax of 20%.
Plus you should get inflation-linked growth in that dividend over time, and hopefully, a little more.
IUKP is handy for short-term positions too, because Irish ETFs listed in London don't have stamp duty, and the spreads are great.
An Irish ETF might also be easier for other aspects of tax stuff depending on where you live and other aspects of your personal situation...
Equally, it may be worse. For example, Irish investors pay higher taxes on Irish ETFs than by UK companies directly, I believe.
TRS
