Breaking Down Exchange Funds vs. Exchange-Traded Funds (ETFs): How Investors Can Diversify Without Tax Pain
For investors holding concentrated stock positions or those with significant unrealized gains, diversifying can incur a hefty capital gains tax bill. Enter exchange funds and exchange-traded funds (ETFs)—two options that cater to different scenarios while offering unique benefits. Let’s demystify their differences and explore how you can use them to achieve diversification. What Are Exchange […]