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:
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“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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Download
Is Your Alpha Big Enough to Cover It’s Taxes?
Website
https://www.
Good investing,
Meb Faber
theideafarm.com