Exchange traded funds (ETFs) are like mutual funds because these funds permit the investor to buy shares of a collection of several stocks or shares of a collection of stocks and bonds, but, unlike mutual funds, they are traded during the day on the exchanges.

Question

Quizplus · Accepted Answer

ETFs are traded on exchanges like stocks, which means they can be bought and sold throughout the day, unlike mutual funds which are priced at the end of the day after the markets close.

Exchange Traded Funds (ETFs) Are Like Mutual Funds Because These