The Major Difference Between Mutual Funds and Exchange Traded Funds

question 45

Multiple Choice

The major difference between mutual funds and exchange traded funds (ETFs) is

• A) ETFs can be bought or sold at their current price at any time during normal trading hours.
• B) mutual fund portfolios are always based on one of the major market indexes.
• C) ETFs invest in broadly diversified portfolios of securities.
• D) ETFs are actively managed.

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