Sunil Shah

Looking to Invest in Bonds in Troubled Times? Caveat Emptor!

Hello Joseph (and I like your moustache!) I am very interested novice in bond funds- the desperately low money market rates warrant it! Question: what do you think of the following ARK PSL. I guess my criteria should be discount to NAV and the fee ratio. Any other criteria you would recommend?

Another important question: I am a non US resident. If I buy the fund via your former employer (ie your mate Charlie Schwab), is the distribution taxed at source (at the 15% rate?) or does the recipient receive it gross.

Thank you for your time