n Personal Finance Newsletter - The ETN tax mystery : tax




When analysing the differences between (exchange-traded funds (ETFs) and exchange-traded notes (ETNs), one of the questions that crops up is how these products are treated when it comes to tax. In cases where they offer exposure to the same underlying index, canny investors would like to know if there is a tax benefit in choosing one over the other. This is a fair question, and it should be a fairly simple one to answer. Only, it isn't. There are some grey areas here that make things a little tricky.


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