The first exchange-traded funds (ETFs)were a type of index fund.
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Q12: Since ETFs mimic an index, they do
Q13: As a result of arbitrage, ETFs tend
Q14: The discount paid for the shares of
Q15: The only costs of investing in a
Q16: Distributions from an investment company may include
Q18: A closed-end investment company is not a
Q19: A closed-end investment company's shares cannot sell
Q20: Distributions from a closed-end investment are subject
Q21: Many exchange-traded funds limit their portfolios to
A)high
Q22: Hedge fund strategies may include buying one
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