avoiding K-1’s

[ikoskela]

I read in the newsletter that Americans can use DGP instead of UGL to avoid dealing with a K-1 come tax time. Any recommendations on alternatives to YCS for the Volatility less than 15% portfolio? YCS also generates a K-1.

(Full list of ProShares K-1 generating funds here: https://www.proshares.com/k-1_tax_information/)

Thanks!

[Frank1 Grossmann]

Yes DGP and UGL are both 2x Gold. You can always replace an ETF with another if the underlying is the same.

[ikoskela]

Thanks Frank. The question is about YCS, though. Is there any alternative to it that doesn’t generate a K-1? I just want to see if anyone has any suggestions.

[robininni]

What’s the problem with receiving a k-1? Just complicating your taxes? It doesn’t result in being taxed any more on the gains does it?

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