Benefits of investing in an exchange traded fund (ETFI) rather than an open-ended, no-load index mutual fund include all of the following EXCEPT.
A) ability to buy or sell anytime during the trading day
B) lower management fees
C) ability to purchase on margin
D) income tax-exempt status for capital gains
E) ability to sell short
Correct Answer:
Verified
Q64: 12b-1 fees
A)are determined as a small percentage
Q65: In 2015 there were approximately _ exchange
Q66: The long-term mutual fund sector includes
A)money market
Q67: Regarding the relative asset size and asset
Q68: Mutual fund shares that are offered for
Q70: An open-ended fund has stocks of three
Q71: Open-end mutual funds
A)require that NAV consider the
Q72: Open-end mutual funds guarantee
A)investors a minimum rate
Q73: The short-term mutual fund sector includes
A)money market
Q74: The debate and research regarding the advantages
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