Capital gains from mutual funds can be received if the mutual fund makes a profit on the shares it sells or if an individual investor realizes a gain on the sale of mutual fund shares.

Question

Quizplus · Accepted Answer

Capital gains from mutual funds occur both when the fund itself sells investments at a profit and when an individual investor sells their mutual fund shares for more than their purchase price, realizing a gain.

Capital Gains from Mutual Funds Can Be Received If the Mutual