Investors Call Mutual Fund Capital Gains Tax Calculations "Manageable"
April 19, 1999
Charles Schwab surveyed 750 OneSource investors nationwide and found that a majority were confident about their ability to calculate their mutual fund capital gains taxes this year. A majority characterized the process as "simple" or "manageable."
Sixty-one percent said they examine a mutual fund's capital gains before they invest in the fund, and 56 percent time their mutual fund purchases to avoid year-end tax implications.