Four years after handling the first conversion of a hedge fund to an ETF, Wes Gray is gearing up to lead a surge of tax-busting deals aimed at investors big and small.
Moreover, the low portfolio turnover and in-kind redemptions also contribute to the tax efficiency of these vehicles. Now, a new category of ETFs aims to cut investors’ tax bill even further by ...
You’ll even receive a tax certificate to say notionally you have received this distribution even though the cash flow does not come into your account, because the ETF issuer effectively takes ...