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Vanguard Patented a Way to Avoid Taxes on Mutual Funds


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There was another article on Bloomberg a few weeks back about the practice in general. Vangaurd patented attaching an ETF to their mutual fund to effectuate this in a mutual fund, but that's all.


Most ETFs do this from my understanding and is by-and-large why they're more tax efficient than their fund counterparts.

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