FYI: Investors in exchange-traded funds don't normally have to fret about tax bills, because tax efficiency is one of the main sales pitches right along with transparency, liquidity and lower fees.
But thanks to recent adjustments in certain indexes that some ETFs track, the threat of a tax bill has forced some ETF providers into scramble mode to try and limit the fallout — the full extent of which remains unclear.
Regards,
Ted
http://www.investmentnews.com/article/20160928/BLOG12/160929918?template=printart
