Which of the following is not true regarding ETFs?
A)They trade on exchanges like individual stocks.
B)They can be bought on margin or sold short.
C)ETFs have been adversely affected by growth in closed-end funds.
D)Assets held in ETFs exceed assets held in mutual funds.

Question

Quizplus · Accepted Answer

The growth of closed-end funds has not had an adverse effect on ETFs. In fact, they are two different types of investment vehicles and can coexist without impacting each other. A, B, and D are all true statements about ETFs.

Which of the Following Is Not True Regarding ETFs