"For these reasons, among others, I generally avoid funds with high portfolio turnover in all accounts even if the manager enacts his portfolio churning in a tax efficient manner."

Well? everyone's intitled to their opinions & Free Speech..( I served to do that) and proof is in the pudding ...

But, I sure would like to see everyone posting advice to also post what their Real APY 's  have been for the past 8 & 10 yrs?  vs  the S&P and say vs  a  Coventional 60/40 Index port..that so many professionals use..to back up their claims and /or opinions.. as well as how did they do during the Last Bear market yrs of 2000-2002...

Since I for one, don't go to a Pharmacist and give them a Knife to perform Open Heart Surgery...let alone follow someone's advice  who has earned Considerably Less than I have.