Which of the Following Statements Is NOT Correct

question 36

Multiple Choice

Which of the following statements is NOT correct?

• A)ETFs are like index mutual funds in that the share price adjusts over time in response to changes in the index level.
• B)ETFs normally do not have capital gains and losses that must be distributed to shareholders.
• C)The portfolio management of both ETFs and index mutual funds is very complex.
• D)ETFs can be traded throughout the day.

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Definitions:

Differentia

The characteristic that distinguishes a particular species from other members of the same genus in taxonomy, or more generally, the distinguishing feature of something.

Too Broad

A term used to describe statements, questions, or categories that are so wide-ranging they lack focus, making them difficult to address or answer succinctly.

Too Narrow

Excessively limited in scope or applicability, potentially overlooking important aspects or excluding relevant information.

Broad

Wide in extent or scope; a term that can refer to an extensive range or be used to describe something with vast applicability or definitions.