Simon Brown’s tax free momentum ETF portfolio
Tax is a real issue when trading Simon Brown‘s momentum strategy. You have to beat the benchmark by a decent margin after costs to ensure you’re still ahead once tax has been deducted. The tax free savings accounts (TFSAs) offer a perfect vehicle to trade the momentum portfolio, tax free!
You can now build an Exchange Traded Fund (ETF) momentum portfolio within a tax free savings account.
You can trade the 39 ETFs allowed within the tax free accounts, but the process would be exactly the same. Your tax free momentum portfolio will ensure that you pay zero tax on the profits.
In this webinar Simon Brown tests the tax free momentum portfolio theory and look for problems that may exist.