The «1 % profit margin» is sales rhetoric that has been around retail mutual fund distribution for at least a decade. (allfinancialmatters.com)
I stress the word dividend here because mutual fund distributions include several components: dividends, capital gains and return of capital. (moneysense.ca)
Learn everything you need to know about how mutual fund distributions are taxed and how becoming a tax - efficient investor will help you build wealth over the long - term. (mutualfunds.com)