An ETF Tax Swap Idea for the Holidays!
By CHM on Nov 20, 2007 in ETF, Mutual Funds | 0 Comments
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Many mutual funds distribute their capital gains near the end of the calendar year, typically in November and December.
If you’re a mutual fund shareholder, it’s important to check with your fund family to see whether or not your fund is going to have a capital gains distribution at year’s end; if so on what day it will occur.
Many funds will give you an estimate ahead of time, detailing the size of the distribution. Here’s a link to a page that details the different short and long term capital gains for the fund family ING and when the fund distributions will occur.
As you can see, there’s a huge difference between the total capital gains for the ING Diversified International Fund (.17%) and the ING International Small Cap Fund (7.89%). Do you think it might be important to be aware of something like that if you’re an ING fund holder? I’d say so.
