Yes, its right. 20% of the gross capital gains.
Type: Posts; User: makie
Yes, its right. 20% of the gross capital gains.
UITFs have lesser charges compared to mutual funds. Sometimes, like in your case, wala ni sila charges.
However, just be informed that UITFs are subjected to 20% withholding tax on capital gains.
If returns are your sole concern, UITFs and MFs normally give "same" results.
I quoted "same" since the returns are more or less at the same range.
Regardless if its a MF or UITF, better look at...