Why Would Anyone Own a Mutual Fund?

I don’t understand why anyone would own a mutual fund.  I sent out slides on this already but here’s the publication too….taxes matter friends!

Quote then download:

—-“An ETF’s tax efficiency remains after considering the taxation of dividend income. Nearly half of the mutual funds we studied had distributions that generated a tax burden in excess of 1%, leading to a 0.8% worse tax alpha for mutual funds.”—-

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Good investing,Meb Fabertheideafarm.com