EFTs can distribution capital gains and dividends. Especially if the EFT or Mutual Fund only distributes dividends and capital gains once a year, then buying late in the year can have significant tax consequences.Rather than saying you should never invest in Mutual Funds or EFTs at year-end, check the ex-dividend dates and history of the specific EFT or Mutual Fund. Also, if the EFT or Mutual Fund is held in a retirement account, the timing of dividends and capital gain distributions have very limited tax consequences.
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