France Keeps Synthetic ETFs Eligible for Tax-Advantaged PEA Accounts
France has abandoned plans to exclude synthetic ETFs tracking non-European indices from tax-advantaged PEA accounts.
South Korea is considering ETF-based investments for its planned “Our Children’s Self-Reliance Fund,” which will combine government and parental contributions to build assets from birth. The U.S. Trump Account provides a model, using ultra-low-cost broad-market ETFs such as SPYM, which tracks the S&P 500 for a 0.02% fee. Korea could use KOSPI 200 ETFs such as KODEX 200, but its 0.15% expense ratio raises concerns about compounding costs. Policymakers are also weighing a diversified mix of Korean and U.S. equities to pursue the fund’s 6% annual return target while supporting domestic markets.
France has abandoned plans to exclude synthetic ETFs tracking non-European indices from tax-advantaged PEA accounts.
Ireland is preparing a broad reform of fund taxation that could make ETFs more attractive to domestic investors.
The UK Financial Conduct Authority has proposed allowing UK-domiciled UCITS and retail funds to invest up to 10% of assets in cryptocurrency exchange-traded notes (ETNs), marking a significant shif…
More from South Korea