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Investopedia

Betterment Says New ‘Tax Drag’ Algorithm Will Boost Returns

By Barbara Friedberg

Betterment’s new Tax-Coordinated Portfolio sounds like the proverbial free lunch. Rearrange where your financial assets are located and you’ll boost your overall returns. In fact, the Betterment.com site claims that their new tax-coordinated portfolio has turned the concept of asset location into a science. And if implemented according to their parameters, Betterment asserts that the value of your investment portfolio will grow by an additional 15% over 30 years or 0.48% annually.

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This article originally published October 21st, 2016 on Investopedia

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