The current environment for tax rates is a “big contributor” to the funds’ launch, as advisors across the industry have been attaching more of their value proposition to mitigating the impact of taxes on returns, said Jeff Strange, relationship manager at FUSE Research. Though separately managed accounts and direct indexing have taken off in other channels due to this trend, mutual fund solutions are a better fit for Edward Jones’ client base, he added.
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Article published on March 1, 2022