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karw

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karw

Re: ls7550 post# 32135

Saturday, 07/10/2010 1:55:27 PM

Saturday, July 10, 2010 1:55:27 PM

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Hi Ls,

Zero ER is the best! Although if a tracker is derivatives based, that is not the real thing.

The tax situation is indeed important when switching ETFs. I have rebalanced and sold some Gold position and that was for me the opportunity to switch from GLD to IAU. There was no 28% tax collected for me, as you know we have only the capital tax, all transactions are tax-free.

Kind Regards, K
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