🧞 Mutual Fund Genie

Great question — it depends on the type of income your funds throw off. 🧞

As a general rule of thumb: interest-heavy funds (like bond funds) are often best sheltered first, since interest is taxed at your full rate. Foreign-equity funds can lose part of their dividends to withholding tax in a TFSA, while the RRSP treaty exemption can help for U.S. funds…

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