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The Tax Efficiency of ETFs in a Low Return Environment
A lot of fund companies don't want to cannibalize other individual funds, so they separate em absolutely. E t f do a really good job of sheltering people from taxable events. So we can turn the portfolio over and manage risk without having that tax consequence which adds to the bottom line. At the end of the deck, what are we calling this style of investing? Like tit's not thematic, obviousy not target date, but it's kind like a target date.