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Wells Fargo Advisors - Passive Foreign Investment Companies (PFICs)

Oct 4, 2016
Click here to access Passive Foreign Investment Companies (PFICs)

Most Exchange-Traded Tracking Products (ETPs)that track an index of stocks or bonds are registered as investment companies under the Investment Company Act of 1940 (the Act). Other ETPs that have exposure to certain asset classes such as commodities may use alternative structures that generally are not registered under the Act.  

Most Exchange-Traded Tracking Products (ETPs)that track an index of stocks or bonds are registered as investment companies under the Investment Company Act of 1940 (the Act). Other ETPs that have exposure to certain asset classes such as commodities may use alternative structures that generally are not registered under the Act.  

Report provided by:

Wells Fargo Advisors

Wells Fargo Advisors is one of the nation\'s premier financial services firms, serving and advising clients nationwide through more than 15,000 Financial Advisors. As the heir to some of America’s most respected regional firms, which came together through mergers over many years, Wells Fargo Advisors has retained a strong and abiding commitment to exceptional service based on trust and knowledge and a determination to put client needs above all else.

Website: https://www.wellsfargoadvisors.com/