Received a Schedule K1 for an ETF held in my RRSP

[WesWakeham]

Hi everyone, I hope someone can help me. I received a Schedule K1 US Tax form for an ETF (ProShares UltraShort Crude Oil SCO) that I held briefly in my RRSP in 2015. I don't understand why I would receive a US Tax form for something I held in a registered account. I hold dozens of US shares and ETFs in my RRSP and have never received any US tax forms in the past, and my understanding of registered accounts is that they are sheltered from this type of thing.

I found a post on these forums concerning Brookfield Properties issuing such a form and saying on their website that Canadians could ignore the form, so I'm hoping this is the case in this situation as well.

Can someone shed some light on this?

Thanks in advance

[nelsona]

Assuming there was no US tax withheld (which there should not be) you can ignore it.