Tax efficiency is a key trait of the ETF wrapper. But do you know how tax friendly your ETF of choice is?? By design, all ETFs are tax efficient relative to other pooled investments (such as mutual funds) thanks to their unique in-kind creation/redemption mechanism. It allows ETFs to be thoughtful when transacting with authorized [...] The post The ’40 Act vs. ’33 Act ETF Battle appeared first on ETF Trends .