Question
Which statement is NOT correct? Mutual funds normally charge higher fees than ETFs. Hedge funds usually charge high fees. NAV is a major factor in
Which statement is NOT correct?
Mutual funds normally charge higher fees than ETFs.
Hedge funds usually charge high fees.
NAV is a major factor in determining the value of a mutual fund.
Mutual fund is an index fund that trades like a closed-end fund.
ETFs usually follow a specific market sector or even an index.
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Analysis for Financial Management
Authors: Robert C. Higgins
12th edition
1259918963, 9781260140729 , 978-1259918964
