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  • Direxion Leveraged ETFs Win Fans Amid Market Volatility [View article]
    People need to be aware of the K-1 complexity issues involved, when the tax time arrives. The prospectus is silent but SAI includes information of how the funds are PTP or QPTP, which should generate K-1. Unfortunately, the prospectus does not clearly provide the information on of the tax form vehicle used: i.e. whether they'll issue 1099, the normal tax document or the K-1. I am looking for some credible site/article that may have compiled such information on all the financially engineered ETFs. We know what financial engineering has already done to us, but transparency is still an issue.
    Jan 21 09:56 am |Rating: +2 0 |Link to Comment
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