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Which one of the following statements regarding exchange-traded funds (ETFs) is false? The ETFs offer clients professional investment management and advice. The number of shares

Which one of the following statements regarding exchange-traded funds (ETFs) is false? The ETFs offer clients professional investment management and advice. The number of shares in the ETFs can change over time. The ETFs trade at a price close to NAV. Most of ETFs track an index.

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