I don't invest in ETFs, but many people do, and I thought this SmartMoney magazine article might be of interest:
The 'T' in ETF Is for Tax Trap
SmartMoney, April 6, 2011
(exerpt) There's no question that exchange-traded funds—those bundles of equities, bonds or other assets that trade as a single stock—make investing considerably easier for many people. But during this year's tax season, investors may find that one of the biggest benefits of ETFs—tax efficiency—doesn't live up to the hype. (See link for full article)
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