Caution, though: the fund, by its nature, will have a high portfolio turnover, which may increase transaction and taxation expenses.
However, Javelin’s President Brint Frith, is confident that the performance of the fund will more than offset the added expenses. He claims, “While there should be some additional tax burdens based on those capital gains, they should be more than offset by the performance of the fund.”
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Sumin Kim contributed to this article.