A higher turnover ratio for a mutual fund can result in higher tax bills.

Name: A higher turnover ratio for a mutual fund can result in higher tax bills.
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When a mutual fund has a higher turnover ratio, it means that the fund is buying and selling securities more frequently, which can result in higher capital gains taxes for the fund's shareholders. These taxes are passed on to the shareholders, potentially resulting in higher tax bills.

A Higher Turnover Ratio for a Mutual Fund Can Result