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Why are ETFs considered more tax-efficient than managed funds? Question 10Answer a. ETFs always outperform managed funds. b. Managed funds trigger capital gains for all

Why are ETFs considered more tax-efficient than managed funds? Question 10Answer a. ETFs always outperform managed funds. b. Managed funds trigger capital gains for all investors when any investor sell their units. c. ETFs have lower fees. d. Managed funds are not diversified

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