Question
Which item below would not be a characteristic of an exchange-traded fund (ETF)? They have very low expense ratios. They are easily bought and sold.
Which item below would not be a characteristic of an exchange-traded fund (ETF)?
| They have very low expense ratios. | ||
| They are easily bought and sold. | ||
| They have a tax disadvantage in that all gains are taxable, even if shares are not sold. | ||
| ETF that invests in stock market indexes, such as the S & P 500. |
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The Routledge Handbook Of FinTech
Authors: K. Thomas Liaw
1st Edition
0367263599, 978-0367263591
