BNY Mellon has been selected to service the UK’s first Tax Transparent Fund. Mariano Giralt from BNY Mellon’s EMEA Tax Team underlines BNY Mellon’s view on this new structure to provide investors with new investment avenues and opportunities.
BNY Mellon’s Mariano Giralt introduces the new UK Tax Transparent fund structure and discusses the potential benefits to investors.
“The pooling of assets in a fund which is transparent for tax purposes means that income and gains from investments made by the fund accrue to each investor in proportion to their holding in the fund, without changing their character, source and timing.”
To learn more, download The UK Tax Transparent Fund.