Not 100% where you are going with this.
In Canada we have:
Registered accounts - including Retirement Savings (RRSP); Education savings (RESP) and Retirement Income Funds (RRIF).
Each has their own rules.
RRSP - you can only have 30% Foreign or you are hit with a 1%/mth penalty on the balance over; another 1%/mth if you own stocks not allowed in the account (Pink Sheet comes to mind; not 100%); you cannot short; you cannot buy "short" options but you can buy "long" CALL LEAPS. Not 100% on the put leaps - I thinkith naught.
RESP - no foreign limit - quite frankly not 100% on what I cannot buy in the fund.
RRIF - I am only 35 and no where close to worrying about it - but I think similar to RRSP..
(we are not as blessed with all the offerings as with the US)
For non-registered - whatever our broker can get us. Anything goes AFAIK. And we have no "LONG/SHORT" capital gains. Just untested laws.
-- but I want to just clarify. I know in the US you can go to Yahoo! and get quotes on MUTUAL FUNDS (as the one you speak of). Not ETFs not CLOSED mutual funds - which are traded on the AMEX.
We as Canadian's I do not believe, we can purchase those funds - end of story. Nothing to do with accounts or shorting or anything else. I can't buy a Fidelity mutual fund unless it is traded on the AMEX (which would make it CLOSED).
If I setup shop with Ameritrade Canada, I would be extremely surprised if I could buy US Mutual funds - again I am not a US resident. Because of the laws surrounding the mutual funds (read: everyone now laugh) I don't think foreigners can buy them.
Anyahoo, just clarifying my statement previously made.
Bluke
"When you have to shoot, shoot. Don't talk."
Tuco (The Good, the Bad and the Ugly)
"An umbrella with holes is better than no umbrella at all."
Dr. Alexander Elder on using stops.
