Not exact matches
The article talked about how
mutual fund companies are changing managers more frequently and those changes are
causing portfolio turnover which triggers capital gains distributions.
I know many CC readers think
mutual fund companies actually
cause cancer, and ETF providers are benevolent contributors to society, but let's be clear about one thing....
Although the expenses charged by
companies that manage individual ETFs are generally lower than those of
mutual fund managers, those expenses and market factors may
cause individual ETFs to trade at values lower than the actual value of the underlying shares held in the ETF.