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The Open-End Aspect of Mutual Funds Is ________; That Is

question 29

Multiple Choice

The open-end aspect of mutual funds is ________; that is, investors invest funds directly in or withdraw funds from the mutual fund. The open-end aspect of ETFs is ________ in that the investors buy the ETF in a closed-end manner like closed-end funds and then the authorized participant ________ between the ETF and the underlying portfolio, providing the indirect open-end aspect of the ETF.


Definitions:

Moral Judgments

Evaluations or decisions based on the discernment of right and wrong, often influenced by an individual’s ethical beliefs and principles.

Kohlberg

Refers to Lawrence Kohlberg, a psychologist best known for his theory of stages of moral development.

Moral Judgments

Evaluations or decisions made about the rightness or wrongness of actions based on a set of ethical principles or a moral framework.

Kohlberg

A psychologist best known for his theory of stages of moral development.

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