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Business Wire
11 months ago
Amplius Rolls Out Tax-Smart ETF to Help Investors Shed Stock Concentration Without Triggering Capital Gains
BLUE BELL, Penn.--(BUSINESS WIRE)--For investors who have highly appreciated stock positions but feel reluctant to sell due to tax consequences, Amplius Wealth Advisors' asset management unit has just launched a timely solution. The firm today introduced the Amplius Aggressive Asset Allocation ETF (Ticker: AAAA). The fund is seeded through a 351 Exchange, an underutilized tax strategy that lets eligible investors contribute appreciated assets in exchange for ETF shares, deferring capital gains.
