Quote:
Originally Posted by Slava
Oh, and another major consideration is that mutual funds do things from a tax perspective that ETFs can't match. For example converting interest income to capital gains or dividends. Sheltering investment income entirely from taxation each year and that sort of thing. Paying a higher fee to save a huge amount on taxes is entirely worth it.
|
Can you expand a bit on the bolded? How does a mutual fund do that?