The difference between managed funds and ETFs is that ETFs are traded on exchanges and mutual funds are not.

Question

Quizplus · Accepted Answer

ETFs (Exchange-Traded Funds) are traded on exchanges like stocks, which means investors can buy and sell them throughout the trading day at market prices. Mutual funds, on the other hand, are not traded on exchanges and are bought and sold only after the market closes at the net asset value (NAV) price.

The Difference Between Managed Funds and ETFs Is That ETFs