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:

Clause-by-clause

Refers to an approach of reviewing or negotiating a contract or document by examining each clause separately to understand its implications fully.

Copyright Act

Legislation that grants creators exclusive rights to their original works of authorship, such as literary, musical, and visual works, for a specified period.

Revised Statutes

Updated or amended statutes.

Canada

A country located in the northern part of North America, known for its vast landscapes, multicultural heritage, and bilingual English-French speaking population.