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George Mason UniversitySchool of Business

Are Tax-Efficient Funds Worth It?

January 10—The Wall Street Journal

Derek Horstmeyer, professor of finance and co-founder and director of the GMU Student Managed Investment Fund, says, “Investors whose top concern is minimizing taxes often turn to 'tax managed'—or 'tax efficient'—mutual funds. But the returns they get may not be worth the tax savings."