ETF often distribute large capital gains to their shareholders.
Correct Answer:
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Q3: Investors select and purchase securities held within
Q4: An open-end investment company is commonly known
Q5: Mutual funds are actually comprised of two
Q6: Spiders and Diamonds are examples of ETFs.
Q7: The net asset value (NAV)per share is
Q9: There are more closed-end investment companies than
Q14: Open-ended mutual funds companies buy their shares
Q16: Exchange-traded funds can create new shares to
Q17: Closed-end mutual funds can trade at either
Q19: Closed-ended mutual funds are guaranteed,they cannot lose
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