FYI: Is your ETF setting you up for a visit from the tax man? That’s the question Todd Rosenbluth, director of ETF and mutual fund research at S&P Capital IQ, answered in a note published today.
Normally, exchange-traded funds are more tax efficient than mutual funds. Because of low turnover rates and the way ETF shares are created and redeemed limit, ETFs amass fewer capital gains.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2015/11/17/will-the-tax-man-cometh-for-your-etf/tab/print/
