Assertion: fund | /r/CapableOf | control the effect of taxes
Facets:
value: for a fund
type: PURPOSE
Source sentences:
text: Q: The SEC recently adopted rules that require a mutual fund to include standardized after-tax returns in advertisements and sales literature that include any quotation of performance and that represent or imply that the fund is managed to limit or control the effect of taxes on fund performance.5 Advertisements and sales literature for a fund that is eligible to use a name suggesting that its distributions are exempt from federal income tax or both federal and state income tax under rule 35d-1 are not, however, required to include standardized after-tax returns, unless they voluntarily choose to include after-tax performance