ETFs have always been known for their tax-efficiency, but a recent report by Lipper has placed uncertainty over whether they have recently lived up to their reputation, according to the Financial Times.

The report said that from 1995 through 1999, ETFs performed as they were supposed to. However over the past five years ETFs have not been tax efficient.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.