Discuss why ETFs are considered tax-efficient vehicles and how their tax treatment differs from mutual funds.
Question:
Discuss why ETFs are considered tax-efficient vehicles and how their tax treatment differs from mutual funds.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (5 reviews)
ExchangeTraded Funds ETFs are considered taxefficient vehicles because they are designed to minimize tax liabilities for investors Unlike mutual funds ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Mutual Funds And Exchange Traded Funds Building Blocks To Wealth
ISBN: 9780190207434
1st Edition
Authors: H. Kent Baker, Greg Filbeck, Halil Kiymaz
Question Posted:
Students also viewed these Business questions
-
You are contemplating putting part of your investment funds into a Money Market Mutual Fund (MMF). Recently MMFs have had trouble retaining funds. It was our understanding due to the nature of the...
-
You have completed your first meeting with Harper and Riley Evans. You are confident that you now have most of the information you will need to prepare a comprehensive financial plan for them. Beyond...
-
1. What differentiates an exchange-traded fund from other investment companies? How easily are ETF shares bought and sold? Do they sell for a premium or discount from their net asset values? 2. What...
-
What is GST?
-
Locate the 2004 financial statements for The Walt Disney Company on the Internet. In Note 4 to the financial statements, Disney briefly outlines a rather complicated lease it arranged in regard to...
-
Explain the difference between the aggregate demand curve developed in this chapter and the demand curve for a product (for example, movies) used in microeconomics.
-
Write a report for the manager of either a hotel, conference centre, or a museum explaining how budgets can be utilised as a performance tool and their limitations.
-
Hanover leased a portion of his farm to Brown and Black, doing business as the Colorite Hatchery. Brown went upon the premises to remove certain chicken sheds that he and Black had placed there for...
-
wine the measure of . In the figure, ABC makes an angle of 105" with the floor and I, mare parallel. B E 0
-
Identify four main differences between mutual funds and ETFs.
-
Explain how passive, active, and Smart Beta ETFs differ.
-
Solve the equation 2,500 = 1,000(1.06) n for n to the nearest integer using: (A) Logarithms (B) Graphical approximation techniques or an equation solver on a graphing calculator
-
A 120 kg refrigerator, 2.00 m tall and 85.0 cm wide, has its center of mass at its geometrical center. You are attempting to slide it along the floor by pushing horizontally on the side of the...
-
PPO Broadcast media sent out an article and reported that Congresswoman Mary Peters was seen leaving a hotel in the middle of the night with a man that was not her husband. She also tripped and was...
-
McDougan Associates, a U.S.-based investment partnership, borrows 80.000.000 at a time when the exchange rate is $1.3343/. The entire principal is to be repaid in three years, and interest is 6.350%...
-
Explain the importance of developing resilience. How resilient are you? Why and how can you build more resilience? How can you help others to build resilience?
-
Hewbill Plc. provided you with the following information: Year Share Price 2011 $13.50 2012 $14.25 2013 $13.98 2014 $14.15 Dividend Per share Paid During the Year $0.90 $0.95 $0.90 $1.10 (a)...
-
The random variable Y is the number of color television sets owned by a randomly selected household with annual income between $15,000 and $29,999. Its probability distribution is as follows. a. Find...
-
Assume you are the accountant for Catalina Industries. John Catalina, the owner of the company, is in a hurry to receive the financial statements for the year ended December 31, 20X1, and asks you...
-
You are interested in having a mountain cabin built for weekend trips, vacations, to host family, and perhaps eventually to retire in. After discussing the project with a local contractor, you...
-
Sung Sam, Inc. is currently designing a new digital camcorder that is projected to have the following per unit costs to manufacture: Cost Categories Unit Costs Materials...
-
Fifty years ago, Grandma Bell purchased a set of gold plated dinnerware for $55, and last year you inherited it. Unfortunately a house fire at your home destroyed the set. Your insurance company is...
-
Una pliza bsica de vivienda DP-1 ofrece cobertura de ___________ y ??valoraciones de ___________. A. peligro nombrado; costo de remplazo B. peligro abierto; valor actual efectivo C. peligro abierto;...
-
Asume que ocupas el puesto de gerente de finanzas en una empresa que actualmente enfrenta un ciclo de temporada baja anual, lo que ha generado un nivel bajo de flujo de efectivo. Esta disminucin en...
-
Cost accounting systems have adapted over time to accommodate changes in: operational environments. technology. management reporting requirements. all of the options listed.
Study smarter with the SolutionInn App