Question
Which one is not about Exchange Traded Fund (ETF)? The notable example of ETFs is Standard & Poors 500 Depository Receipts (SPDRs) Transactions costs must
Which one is not about Exchange Traded Fund (ETF)?
| The notable example of ETFs is Standard & Poors 500 Depository Receipts (SPDRs) | ||
| Transactions costs must be offset by superior performance vis--vis the benchmark | ||
| A significant advantage of ETFs over index mutual funds is that they can be bought and sold (and short sold) like common stock | ||
| EFTs are depository receipts that give investors a pro rata claim on the capital gains and cash flows of the securities that are held in deposit by a financial institution that issued the certificates |
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Financial Management Theory And Practice
Authors: Prasanna Chandra
8th Edition
0071078401, 978-0071078405
