NOVEMBER 2017

The Wall Street Journal Features Strategies from Athena Capital’s Doug Cohen on Minimizing Mutual Fund Capital Gains Taxes

Athena Capital Advisors’ Doug Cohen discusses strategies for investors looking to minimize their tax expenses on mutual fund capital gains in a recent article published in The Wall Street Journal.

In the article, “How to Minimize Taxes from Mutual Funds’ Capital Gains This Year,” published on November 5, 2017, reporter Michael Pollock encourages readers to contemplate four items related to investing and capital gains when examining strategies to reduce their capital gains tax burden, a theme top-of-mind for many investors this year in light of the stock market rally that boosted many funds’ performance.

One strategy the article examines is the practice of avoiding a distribution by selling ahead of it, which Cohen advises against. Instead, Cohen advocates for staying invested, noting it to be a less risky option. He says, “For most individual investors, the beauty of markets is to let compounding over a long period work for them.”

WSJ subscribers can read the full article here.

Doug Cohen is a senior member of the Portfolio Management Team and is responsible for delivering investment advisory services including asset allocation, portfolio construction, and other portfolio management-related services. In addition, Doug oversees the firm’s New York office.