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bar1080

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bar1080

Re: MMAS post# 1362

Monday, 11/23/2020 3:58:20 PM

Monday, November 23, 2020 3:58:20 PM

Post# of 1777
That 90% number is from the IRS for Regulated Investment Companies (RICs). There are many kind of RICs, including mutual funds, ETFs, REITs etc.

"A regulated investment company is qualified to pass-through income under Regulation M of the IRS, with the specific regulations for qualifying as an RIC delineated in U.S. code, title 26, sections 851 through 855, 860, and 4982."
https://www.investopedia.com/terms/r/ric.asp

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