Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ControlETF Advantages and Disadvantages. List the advantages and disadvantages of ETFs. Question content area bottom Part 1 Some advantages of ETFs are: ( Select the

ControlETF Advantages and Disadvantages. List the advantages and disadvantages of ETFs.
Question content area bottom
Part 1
Some advantages of ETFs are: (Select the best answer below.)
A.
ETFs have lower expense ratios relative to mutual funds and are more tax efficient. They also do not have loads and you can buy and sell them throughout the day like stocks. There is no minimum investment either.
B.
ETFs have higher expense ratios relative to mutual funds and are less tax efficient. They also do not have loads and you can buy and sell them throughout the day like stocks. There is no minimum investment either.
C.
ETFs have lower expense ratios relative to mutual funds and are less tax efficient. They also do not have loads and you can buy and sell them throughout the day like stocks. There is no maximum investment either.
D.
ETFs have higher expense ratios relative to mutual funds and are more tax efficient. They also have loads and you can buy and sell them throughout the day like stocks. There is no minimum investment either.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Emerald Handbook On Cryptoassets Investment Opportunities And Challenges

Authors: H. Kent Baker, Hugo Benedetti, Ehsan Nikbakht, Sean Stein Smith

1st Edition

1804553212, 978-1804553213

More Books

Students also viewed these Finance questions

Question

What is human nature?

Answered: 1 week ago