We regularly get questions from clubs asking if they can invest in ETF's without creating extra accounting or tax work for their clubs.
The answer is "It Depends". All ETF's are not the same. Some can be accounted for in bivio. Some cannot.
Some can be accounted for in bivio but will create extra work at tax time for your treasurer. Some will not.
So we can't give you a blanket answer that would apply to all ETF's.
We are, however, glad to research a specific ETF ticker for any that your investment club is considering. Just send it to support@bivio.com and we'll let you know for sure before you buy it.
Laurie Frederiksen Invest with your friends! www.bivio.com