Читать книгу The Taxable Investor's Manifesto - Stuart E. Lucas - Страница 14

1 1 For a detailed analysis of the after-fee and after-tax returns of index funds, mutual funds, hedge funds, and private equity funds review, see Stuart Lucas and Alejandro Sanz, “The 50% Rule: Keep More Profit in Your Wallet,” Journal of Wealth Management 20 (no.2, Fall 2017).

2 2 This isn't entirely true. In their prospectuses – but rarely transferred into their marketing material – mutual funds are required to provide estimates of after-tax performance. This level of reporting is not required, and rarely calculated by Exchange Traded Funds, alternative investments like hedge funds and private equity funds, or separately managed accounts. But even for mutual funds this information is not widely circulated or analyzed.

3 3 Individuals may only deduct a maximum of $3,000 of final net short-term or long-term investment losses against other types of income.