This ETF Tax Loophole Is All the Rage Among Rich Americans

A bespoke fund is becoming a must-have tool for wealthy investors looking to defer — and sometimes even avoid — capital gains tax.

By Justina Lee, Surya Mattu, Denitsa Tsekova, Isabelle Lee and Zachary R Mider · Bloomberg Markets

A bespoke fund is becoming a must-have tool for wealthy investors looking to defer — and sometimes even avoid — capital gains tax.