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Comment on the difference in turnover and the impact this would have on pre-tax and after-tax returns. Which investment is likely to have the greater
Comment on the difference in turnover and the impact this would have on pre-tax and after-tax returns. Which investment is likely to have the greater tax penalty? Why?
Vanguard Total Stock Market ETF (VTI) Turnover Rate - 4.10%
Fidelity's Magellan Fund (FMAGX) Turnover Rate - 106.00%
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