What does tax domicile United Kingdom mean?

If you see this note it means a fund/ETF is not registered in Australia for tax purposes. That is, the fund might be registered in the United Kingdom and may expose you to extra tax rules.

Investors who invest in a foreign domiciled fund may face added (foreign) legal risks, estate planning laws and taxes -- compared to funds or ETFs which have their domicile set to be Australia.

Imagine two ETFs:

• Both ETFs invest in international shares (e.g. from the US, Asia, Europe, etc.)
• "Fund A" has a domicile in Australia
• "Fund B" has a domicile in the USA

The Australian-registered fund, Fund A, will be taxed just like any other managed fund providing investments in Australia.

If you invest in a fund or ETF that is not domiciled in Australia: it's likely you will have fill in extra tax forms. Read the fund's PDS and speak to your adviser to understand more.

Tax information changes regularly and our website can be wrong, so you should always read the Product Disclosure Statement (PDS) to learn where your chosen ETF is domiciled. Then consult a financial adviser and tax agent. They will be able to tell you what this information means, if you're still confused after reading the PDS.