Online-Ressource
Cambridge, Mass. : National Bureau of Economic Research
UID:
almafu_9958069187202883
Umfang:
1 online resource:
,
illustrations (black and white);
Serie:
NBER working paper series no. w4393
Inhalt:
This paper takes shareholder level taxes into account in determining the performance of growth and growth and income mutual funds over the 1963-1992 period. It ranks a sample of funds on a before and after-tax basis for investors in different income classes facing various investment horizons. The differences between the relative ranking of funds on a before and after-tax basis are dramatic. especially for middle and high income investors. For instance. one fund which ranks in the 19th percentile on a pre-tax basis ranks in the 61st percentile for an upper income. taxable investor.
Anmerkung:
July 1993.
Sprache:
Englisch
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