7. Exchange-Traded Funds (LO4, CFA4) Which of the following statements regarding ETFs is false? a. ETFs are

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7. Exchange-Traded Funds (LO4, CFA4) Which of the following statements regarding ETFs is false?

a. ETFs are funds that can be traded on a stock market.

b. ETF investors own shares of the underlying fund sponsor.

c. ETF shares can be sold short.

d. ETF shares can be bought on margin.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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