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Will the dad tax embitter the next generation?
Enough is enough
1 hr ago
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Brent Sullivan
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Will the dad tax embitter the next generation?
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28 weeks later: What's stopping Cambria Tax Aware ETF from hitting its target allocation?
Why 3 to 6 months to compliantly reposition an ETF seeded in-kind isn't crazy
Jan 22
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Brent Sullivan
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28 weeks later: What's stopping Cambria Tax Aware ETF from hitting its target allocation?
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28 days later: Cambria Tax Aware ETF (ticker TAX) at launch and today
TAX looks like it did on launch day. Tracking error might be a problem.
Jan 19
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Brent Sullivan
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28 days later: Cambria Tax Aware ETF (ticker TAX) at launch and today
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De-risking concentrated stock by seeding an ETF in-kind
Up to 25% could come from a single stock.
Dec 22, 2024
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Brent Sullivan
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De-risking concentrated stock by seeding an ETF in-kind
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$27 million AUM contributed in-kind to Cambria Tax Aware ETF (TAX)
Meb calls it "our biggest launch ever" as new ETF is seeded in-kind w/ 56% ETFs, 44% direct equities.
Dec 19, 2024
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Brent Sullivan
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$27 million AUM contributed in-kind to Cambria Tax Aware ETF (TAX)
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Can I diversify a large single-stock holding tax-free by seeding an ETF in-kind?
No. Section 351 tests for diversification at the individual and aggregate levels.
Dec 17, 2024
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Brent Sullivan
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Can I diversify a large single-stock holding tax-free by seeding an ETF in-kind?
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In-kind of a big deal: TAX launches soon
The Cambria Tax Aware ETF should launch on Weds Dec 18, 2024
Dec 15, 2024
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Brent Sullivan
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In-kind of a big deal: TAX launches soon
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Can I seed an ETF in-kind using mutual fund shares?
Technically, yes, but no ETF will take it.
Dec 11, 2024
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Brent Sullivan
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Can I seed an ETF in-kind using mutual fund shares?
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Will seeding ETFs in-kind go mainstream? "I doubt it"
The largest ETF sponsors need to drive costs lower, but they have little incentive to help.
Dec 1, 2024
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Brent Sullivan
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Will seeding ETFs in-kind go mainstream? "I doubt it"
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Seeding an ETF In-Kind: FAQs and Video with Meb Faber and Pat Cleary
FAQs on seeding an ETF in-kind and Vanguard's latest kick-ass paper
Oct 27, 2024
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Brent Sullivan
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Seeding an ETF In-Kind: FAQs and Video with Meb Faber and Pat Cleary
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59:40
TAX distills a century of tax strategy into an ETF
Meb Faber's Cambria Tax Aware ETF (ticker TAX) is an actively-managed value fund. It could accelerate ETF growth by normalizing the 351 conversion…
Oct 20, 2024
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Brent Sullivan
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TAX distills a century of tax strategy into an ETF
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ETFs Could Soon Bail SMAs Out of Lockup
The §351 conversion allows investors to seed new ETFs in-kind
Oct 13, 2024
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Brent Sullivan
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ETFs Could Soon Bail SMAs Out of Lockup
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