RT Journal Article
SR Electronic
T1 The 50% Rule: <em>Keep More Profit in Your Wallet</em>
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP 23
OP 28
DO 10.3905/jwm.2017.20.2.023
VO 20
IS 2
A1 Stuart E. Lucas
A1 Alejandro Sanz
YR 2017
UL https://pm-research.com/content/20/2/23.abstract
AB This article evaluates the portion of the profit from various investments—index funds, active mutual funds, private equity funds, and hedge funds—that actually accrue to the taxable owner of the capital at risk. It then compares how the returns to taxable investors compare with tax exempt ones and explores the implications of these differences and their potential impact on investment strategy.TOPICS: Wealth management, real assets/alternative investments/private equity, mutual funds/passive investing/indexing, performance measurement