Exchange traded funds (ETFs) are usually considered to have many interesting properties. In the list below, indicate which statements DO NOT apply to ETFs:
a. ETFs allow to invest in a diversified portfolio.
b. ETFs are cost effective.
c. ETFs will never drop in value.
d. ETFs benefit from some attractive tax characteristics.
e. ETFs can be traded at any time during market opening.
f. ETFs are designed to take advantage of the manager's stock picking ability.

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The Answer of Exchange traded funds (ETFs) are usually considered to have many interesting properties. In the list below, indicate which statements DO NOT apply to ETFs:
a. ETFs allow to invest in a diversified portfolio.
b. ETFs are cost effective.
c. ETFs will never drop in value.
d. ETFs benefit from some attractive tax characteristics.
e. ETFs can be traded at any time during market opening.
f. ETFs are designed to take advantage of the manager's stock picking ability.

Exchange Traded Funds (ETFs) Are Usually Considered to Have Many