Multiple Choice

1. Select the correct statement from the options below:

1. Share prices of Segregated Funds fluctuate throughout day as the ETF is bought and sold.
2. Exchange-traded funds (ETFs) begin payouts to investors following the specified maturity date after 8-10 years).
3. ETFs offer lower fees than buying the stocks individually.
4. Mutual funds offer guaranteed payout of premiums paid.
5. None of the above statements are correct.