Which of the Following Statements Is(are)correct Concerning Exchange-Traded Funds (ETFs)

question 73

Multiple Choice

Which of the following statements is(are) correct concerning exchange-traded funds (ETFs) ?
I.You can buy and sell ETFs any time during trading hours.
II.ETFs are actively managed.
III.ETFs have high portfolio turnover rates.
IV.ETFs rarely distribute any capital gains.

• A)I, II and IV only
• B)I and IV only
• C)II and III only
• D)I, III and IV only

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Definitions:

Somatic

Relating to or affecting the body, distinct from the mind or emotions.

Severity

The degree of intensity or seriousness of a condition, situation, or symptom.

Frequency

The rate at which something occurs or is repeated over a particular period of time or in a given sample.

Duration

The length of time that an event or condition lasts or continues.