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Post by Capital on Nov 26, 2022 11:19:18 GMT
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Post by ECE Prof on Nov 27, 2022 16:27:43 GMT
Vanguard started this long ago. Vanguard converted my mutual funds to ETFs back in 2010 without any tax consequences. In fact, Vanguard opened a brokerage account and moved the money there after converting to ETFs. Vanguard offers choices, when you search for some funds. One blogger from Georgia, “Ted Eagle” in the old M* forum, suggested to me to invest in ETFs instead of mutual funds to avoid the year-end Capital gain distributions for tax efficiency back in 1998. In fact, this process is the one that made the expense ratios to go down. The funds trade in and out to keep their portfolios. In this process, there are expenses. So, mutual funds incur higher expenses than the ETFs. However, Vanguard's expense ratios are the same for both mutual funds and ETFs because both have the same structures.
I need not worry about Vanguard anymore.
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