Exchange Traded Funds (ETFs) offer the trading flexibility of a stock, with better tax efficiencies than a mutual fund.
For instance, you can buy and sell ETFs throughout the day in the same way you would with a stock while mutual funds allow you to get in or get out of them at the end of the day.
Furthermore, with ETFs, you pay taxes only when you sell them at a gain whereas with mutual funds you may have to pay taxes before you sell your position or worse after suffering losses while holding them. Finally ETFs are much cheaper than mutual funds.
Please call us to learn more about ETFs.