The passive approach typically has low turnover and generates lower capital gains relative to active strategies. Since the Fund is taxed on investment income, the passive approach would likely result in lower taxes. passive,主要追求长期的投资,但是长期积累的capital gain 很多一旦实现不是也会交很多税,为什么说是lower taxes呢?
不管是主动还是被动投资,都会对income(dividend和interest rate征收税,这点怎么比较呢)