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American_Bankers_Association

CTFA · Question #139

Which turnover rate suggests a more tax efficient funds?

The correct answer is C. 5%. See the full explanation below for the reasoning.

Taxation

Question

Which turnover rate suggests a more tax efficient funds?

Options

  • A10%
  • B100%
  • C5%
  • D200%

How the community answered

(49 responses)
  • A
    4% (2)
  • B
    14% (7)
  • C
    78% (38)
  • D
    4% (2)

Topics

#turnover rate#tax efficiency#mutual funds#capital gains

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