What is the difference between an open-end mutual fund and an ETF closed-end fund? What is the

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What is the difference between an open-end mutual fund and an ETF closed-end fund? What is the difference between an open-end mutual fund and a unit investment trust?

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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jan 27, 2015 08:43 AM

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What is the difference between an open-end mutual fund and an ETF closed-end fund? What is the

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Exchange traded funds ETFs are longterm mutual funds that are also designed to replicate a particular stock market index In February 2008 the SEC gave ...View the full answer

Financial Markets and Institutions

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