Over the long term, tax-wary investors have learned one sure thing: The tax code is never static. Despite being unable to predict future tax legislation, though, are there ways to manage a portfolio that could increase its tax efficiency over the long haul?

Over the long term, tax-wary investors have learned one sure thing: The tax code is never static. Despite being unable to predict future tax legislation, though, are there ways to manage a portfolio that could increase its tax efficiency over the long haul?
Here we explore tax-efficient investing to determine if certain portfolio construction techniques, such as allocations to certain product styles, can help investors maximize their after-tax returns.
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This article was produced by Vanguard and not by the Quartz editorial staff.
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