User 86999

WisdomTree's New Currency Income ETFs

One sticky issue with currencies is the taxation nightmare generated by the year-end K-1 form. Many people have been shocked to see that facet of the lure these currencies have. It would be nice to cover this important aspect when exploring a particular currency fund. As I understand it, not all currency funds generate a K-1, which makes it even worse, because now you have to keep tabs on which one does and which one does not. There is a lot of discussion on Yahoo Finance.