Top Tweets for #TSWCF

"STRC and SATA are both available in the UK, out of interest why would someone choose SWC's product over the big players?" 1) Taxes. The American products are currently treated as return of capital but once that treatment is exhausted, the US 15% withholding tax on dividends to UK holders applies at source. 2) FX. Every USD dividend costs you a conversion fee with the broker and you carry currency risk on top. We spend in GBP not USD. 3) Institutional mandates. Pension funds and other allocators often have requirements to hold UK securities, which means they are unable to hold STRC/SATA.