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Can ICON manage Funds to avoid capital gains?

April 26, 2017avoid capital gains funds Icon manage

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Can ICON manage Funds to avoid capital gains?

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A. ICON’s investment decisions are not dictated by the potential effects of taxes. We do not invest in industries simply to avoid capital gains taxes. Our process is driven, first and foremost, by valuation, not tax efficiency. Please consult your accountant or tax professional if you have any questions or concerns regarding capital gains and other tax consequences. Capital gains are a residual of the ICON investment process. Capital loss carryforwards that were generated in prior years are used to offset gains, but most carryforwards have been fully utilized.