View as:
View as:

Announcement Distributions Formatted for 1099 Forms

Tax Year Ended 12/31/19

Income from Foreign Sources Subject to Foreign Tax Credit:

For the year ended December 31, 2019, the Litman Gregory Masters International Fund earned foreign source income and paid foreign taxes which they intend to pass through to their shareholders pursuant to Section 853 of the Internal Revenue Code.

See above to determine the shareholder’s portion of foreign taxes paid (box 6) and amount of foreign source gross income.

Any tax or legal information provided is merely a summary of our understanding and interpretation of some of the current income tax regulations and it is not exhaustive. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Funds nor any of its representatives may give legal or tax advice.

Litman Gregory Fund Advisors, LLC has ultimate responsibility for the performance of the Litman Gregory Masters Funds due to its responsibility to oversee the funds’ investment managers and recommend their hiring, termination and replacement.

Stay Informed

The PartnerSelect Funds monthly email provides investors a way to stay in touch with us and receive information regarding the funds and investment principles in general. Topics may include updates on the funds and managers, further insights into Litman Gregoryʼs processes, and commentary on various aspects of investing.

DISCLOSURE

Mutual fund investing involves risk. Principal loss is possible.

Any tax or legal information provided is merely a summary of our understanding and interpretation of some of the current income tax regulations and it is not exhaustive. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Funds nor any of its representatives may give legal or tax advice.

Litman Gregory Fund Advisors, LLC has ultimate responsibility for the performance of the PartnerSelect Funds due to its responsibility to oversee the Funds’ investment managers and recommend their hiring, termination and replacement.

The PartnerSelect Funds are distributed by ALPS Distributors, Inc.