With a managed general investment account - the underlying trades and rebalancing trades that the fund managers are implementing on investors behalf - are they generating capital gains/losses with the potential tax implications for investors? I think the answer is yes - but nice to have confirmation. Thanks
Hi, thanks for your question.
Yes, we can confirm that.
Any portfolio rebalancing will likely involve the sale and purchase of units in the respective ETFs, depending on the time invested, you may suffer some capital losses/gains.
Portfolio rebalancing my trigger tax events in some cases.