Quote:
Originally Posted by Unregistered
This OP is c0ckhead of the year.
Such funds are special setups that cater to niche US investors to lower effective total tax rate compared to just buying direct.
In Sg we have no withholding, capital gains, cross-balancing or income tax credits. He end up donating 30% of capital gain to the US treasury vs invest normally and paying 15% standard tax on liquidation.
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Does resorting to calling people names made u feel superior?
Learn from the poster before u, his 2c worth is more constructive than yours.
Why don't u share your experience or investment with us instead?