Discover how ETFs revolutionize tax-efficient investing. Wes Gray explores SMA to ETF conversions, Section 351 benefits, and the future of tax-aware investing.

ETFs charge a fee for this service based on a percentage of money invested in the fund.For example, in 2022 the average stock index ETF charged 0.46 percent annually, or about $46 for every ...

By transferring $1 million worth of her company’s stock into an exchange fund, Susan could diversify into a range of industries, including real estate and equities.

Exchange fund management expense annual fees: 0.5% Annual fees of comparable index fund: 0.2% To sell and diversify, this hypothetical client would have to pay almost $696,000 in taxes upfront.

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our ...

Active mutual funds and ETFs had an average asset-weighted expense ratio of 0.59% in 2023, versus 0.11% for index funds, according to Morningstar data. Here's a look at other stories offering ...