ETFs Are

question 87

Multiple Choice

ETFs are:

• A)limited to diversified index funds.
• B)generally held until they mature.
• C)sponsored primarily by large investment banks.
• D)based on market-cap-weighted indexes only.
• E)claims on shares held in a trust.

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Definitions:

Catalogue

A comprehensive list or inventory, often detailed and organized, of items for sale or collection.

Breach of Contract

An infringement or violation of the terms agreed upon in a contract, resulting in legal liability.

Counter-Offer

A proposal made in response to a previous offer, differing in terms and suggesting a new agreement.

Zoned Duplex

A residential building divided into two units with separate entrances, located in an area designated by zoning laws for such structures.