[neosmile]

Frank, Alex,

As a foreign investor I always have to be mindful of withholding taxes on dividends (ie., 30% for me). For the BRS, some of the choices like CWB or JNK would go ex div on the first day of the calendar month. And these ETFs do have very high divs. If I know a day ahead of ex div that last month’s choice is going away, then I can try to sell it out on the month end date (ie., before ex div) and take a leg risk into buying the new choice the following day. Is this possible? I know there is a possibility that things may change at the last moment but that’s alright.

Thanks,
Simon

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