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[sharechat] Tax - Passive Funds


From: "Mike Beal" <mike.beal@approved.co.nz>
Date: Sun, 26 Nov 2000 16:06:10 +1300


Does anyone know what the tax implications are when investing in an Australian-based index fund?  Would it still be tax-free capital gain like NZ's passive funds?  The management fees can be a bit lower than Tower's TORTIS fund and AMP's WINZ fund - and I'm pretty comfortable in Aussie dollars so I find these quite attractive. 
 
Thanks.
 
 

 
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