Funds Like 'Vanguard Total World Stoc'k etf, invest in countries, who tax capital gains tax to foreign investors, including etfs.
Like India, China, Canada, etc
How do these funds get taxed at fund level?
Do they have special taxation, or country level treaty benefits?
Do they replicate index accurately with minimal tracking error?
Or do they face tax drag?
I ask because this can affect indexation at fund level.