Question
Which statement comparing open-end mutual funds and exchange traded funds (ETFs) is true? ETFs can only be purchased at market close each day ETFs always
Which statement comparing open-end mutual funds and exchange traded funds (ETFs) is true?
| ETFs can only be purchased at market close each day | ||
| ETFs always trade at NAV | ||
| Open-end funds redeem at NAV | ||
| Both have active secondary markets |
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The Oxford Handbook Of Computational Economics And Finance
Authors: Shu-Heng Chen, Mak Kaboudan, Ye-Rong Du
1st Edition
0199844372, 978-0199844371
