Dear all, I have a problem with the $IUHC (+0,57 %)
Although the share price was around €9.6 on the day of purchase over a year ago, my purchase price according to flatex is €10.5.
When I asked, I was told that this was due to Austrian investment fund tax law and that reinvestments were made both on 05.05.2023 and 07.05.2024. The taxable capital gain is deemed to be reinvested and settled accordingly via the investors.
I have to admit that this still seems strange to me. With ETFs, do I always have to reckon with the fact that capital gains arising from a reallocation in the fund will pulverize actual gains?
We are talking here about just under 10% (which is also shown to me in getquin)