Collective launches Zero Interest Option Exercise Loan Read More
The above calculations are based on the following assumptions:
(i) Federal and state tax rate for capital gains is N/A (ii) holding period for Exchange Fund limited partnership interest is N/A years (you may redeem earlier than years but may then be taxed on the final Exchange Fund distribution), (iii) at end of holding period, the limited partnership interest is redeemed to repay loan and taxes arising from the redemption, (iv) the remaining limited partnership interest is then distributed in the form of Exchange Fund portfolio securities, and (v) the average return on the Exchange Fund net of all fees is 12.5% . The assumed 12.5% average return on the Exchange Fund is hypothetical. Hypothetical performance results have inherent limitations. No representation or guarantee is being made that the Exchange Fund will achieve any particular results. There are frequently differences between hypothetical fund results and the actual results subsequently achieved. The assumed average return on the fund is not necessarily indicative of future performance.