FYI: (This is a follow-up article.)
There is one ETF in the market that was designed for exactly this moment in time, the passing of the most sweeping tax reform in decades. It’s the U.S. Tax Reform Fund (TAXR), offered by issuer newcomer EventShares.
The small, young fund that launched this past October, seems to be hitting a chord—albeit small—with investors in the past week, who poured $7.5 million in assets into this fund in one day, according to Bloomberg data. That’s a huge number for a $15 million fund.
Regards,
Ted
http://www.etf.com/sections/features-and-news/taxr-tax-reform-play-du-jour
