Thank you - just to be clear, any gains with this ETF will be not be due to interest, but prices of the underlying assets increasing. Is that still considered "disposal of interest"? there is no interest involved.
Hi, I am considering investment in an off-shore fund which doesn't give interest or dividend. Specifically I am interested in investing in ZIVB - the underlying asset are VIX future contracts as described here: [Link removed - admin] Because of it's structure (and there are several similar funds [details removed] it does not produce any interest or dividend - gains can only be made by disposing (selling) of units at a higher cost than bought. Would gains in these kind of funds be taxed as Capital Gains (and taxed as such)? Thanks,