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Only for two more years, though. Then Blackrock, Schwab, Fidelity, and anyone else use the same method.
by CameronNemo 5y ago
Only for two more years, though. Then Blackrock, Schwab, Fidelity, and anyone else use the same method.
- lotsofpulp 5y agoIs there still any benefit for that patent nowadays? I thought it’s all the same between index ETFs and mutual funds. I notice no difference between Vanguard/Fidelity/Schwab/ML/etc offerings.
- loeg 5y agoNon-Vanguard mutual funds might have to throw off capital gains in situations where ETFs would not. ETFs are the same anywhere. The mechanism is described here: https://www.investopedia.com/how-vanguard-patented-a-system-to-avoid-taxes-in-mutual-funds-4686985 https://www.investopedia.com/how-vanguard-patented-a-system-...