Which of the Following Is Not One of the Features

question 57

Multiple Choice

Which of the following is not one of the features of exchange traded funds (ETFs) ?

• A) They are mostly passive portfolios.
• B) They cannot be traded during the day.
• C) They often track a particular sector of the market.
• D) Their price cannot vary from net asset value (NAV).

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Definitions:

Adaptation-Level Phenomenon

The tendency of people to judge new stimuli and experiences relative to their past experiences.

Millionaires

Individuals whose net worth or wealth is equal to or exceeds one million units of currency.

Life Savings

The total amount of money that an individual has saved over their lifetime, often used in the context of retirement or emergency funds.

Happiness

A state of well-being and contentment; the feeling of positive emotions.