Jan (@Jan_Drosch) on getquin

3Wk·

$PR1W Expensive business! Forced to realize profits, shove the KeSt down the tax authorities' throats and, on top of that, the uncertainty about the distribution that is actually due in Dec. And all because the location is being moved.

Is that legal?

My gut feeling says: "No!!!"

7 Comments

DerMartin@DerMartin

3Wk

However, feeling often has nothing to do with being right.

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Rmann@Epi

3Wk

The woes of the ETF B&H saver...

Incidentally, the tax authorities can also simply change the rules when money is tight so that ETF providers are forced to move and German investors pay taxes. Saving for old age! Where are we getting to?

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Saschko@WarrenamBuffet

3Wk

For these reasons I have always avoided Lyxor / Amundi, because it feels like this happens more often than with the US counterparts (Vanguard, Ishares etc)

The slightly lower TER doesn't help you either^^

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Jan D.@Jan_Drosch

2Wk

Will the distribution still be made as planned for December?

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Jan D.@Jan_Drosch

The individual dividends were certainly distributed. Who did they end up with now? Has someone (the fund company) secured it? For me, there is a clearly perceptible, rather foul-smelling stench of (legalized?) embezzlement in the air. Or have I not understood something fundamental?

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