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Strategies & Market Trends : WEBS for international investing
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To: Ken Ludwig who wrote (43)1/31/1999 7:25:00 PM
From: peter michaelson   of 47
 
Ken:

I do believe the dividend is nearly all capital gains distributions.

Obviously these will vary year to year depending upon the market in question.

Not sure, but WEBS may be required to distribute their capital gains, much like mutual funds, in order to avoid the normal double taxation that corporations incur.

There would not be a regular dividend that can be counted upon, as we all might dearly hope.

peter
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