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Many exchange-traded funds (ETFs) are designed to track indexes like the S&P/TSX. Although ETFs often get close to achieving the performance of the index they

Many exchange-traded funds (ETFs) are designed to track indexes like the S&P/TSX. Although ETFs often get close to achieving the performance of the index they are attempting to mimic (i.e. copy), they always fall a little short. Why is that? Explain.

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