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10. 99 9'53: Which of the following is not one of the characteristics of exchange traded funds (ETFs)? They are passive portfolios. They are managed

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10. 99 9'53: Which of the following is not one of the characteristics of exchange traded funds (ETFs)? They are passive portfolios. They are managed investments. They often track a particular sector of the market. All of the above are characteristics of ETFs

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