It’s not super clear. But the index is MSCI “World ex Switzerland (NR)”, NR = 30% on US dividends. The fund overperforms the index by 30 basis points a year. This means the fund is able to reduce the to around 15% on dividends. If it uses the double tax agreement, the tax on dividend would be 0%.
I’m not 100% sure, but quite confident about this affirmation.
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