A Marine Corps veteran and PhD has developed an ETF that uses options trading to book tax losses to offset interest income while actually not losing any money. No doubt the IRS will be suspicious of this, but that’s the claim.
BOXX - Alpha Architect ETFs
Expense ratio is 0.195% Fund has about $1 Billion in assets.
T-Bills Without Tax Bills? This Fund Says It Cracked The Code (fa-mag.com)
intercst
Hey, cool entrepreneurial venture!
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Without looking into it, I’d be concerned that this is the kind of thing that works until it fails spectacularly.
—Peter <== who has no time at the moment to dig into such details
5.64% versus 5.24%
Where is the .4% coming from?
3 Month Treasury Bill Rate.