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New Cost Basis Regulation

New tax regulation requires that you choose a method of cost basis calculation for your accounts that are subject to Form 1099-B tax reporting.  Starting with the 2012 tax year, Sit Mutual Funds will be required to report cost basis and gain/loss information to you and to the Internal Revenue Service (IRS).  We offer a wide variety of cost basis calculation options so you can tailor the method(s) to your own tax situation.

 

 

 

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Important Legal Information

The Sit Mutual Funds referred to in this site are offered and sold only to persons residing in the United States, and are offered by Prospectus only. By using this site you agree to our Terms of Use. Information in this site does not constitute an offer to sell, or a solicitation of an offer to buy shares of any Sit Mutual Funds. Shares of the Sit Mutual Funds will not be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Mutual fund investing involves risk. Loss of principal is possible. For more information on any of our Funds, download a Prospectus from this site or call 800-332-5580 to have one sent to you. The Prospectus contains important information about a fund’s investment objectives, risks, and charges and expenses, and should be read carefully before investing.
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