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Today General Knowledge(GK)
Which one of the following statements about Exchange-Traded Fund (ETF) is not correct ?
A)
It is a marketable security
B)
It experiences price changes throughout the day
C)
It typically has lower daily liquidity and higher fees than mutual fund shares
D)
As ETF does not have its net asset value calculated once at the end of every day

Correct Answer : Option (C) - It typically has lower daily liquidity and higher fees than mutual fund shares


Published On : May 20, 2021
Category : Business and Economics
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