And while ETFs only defer these taxes (unless you die without ever selling), any savings on the ER is a permanent, real savings. So since Fidelity index mutual funds generally have lower ERs than corresponding ETFs, they may actually come out ahead depending your tax situation and when or if you sell.Keep in mind though, that ETFs do not eliminate the taxes on the small yearly capital gains that mutual index funds sometimes issue, but rather defer them. The ETF mechanism will give you the same gain as the mutual fund does, but with a little less in cost basis.
Statistics: Posted by jeffyscott — Sun Dec 01, 2024 8:55 am