Exchange-traded funds differ from open-end funds in that their share price is adjusted only at the end of each day.

Name: Exchange-traded funds differ from open-end funds in that their share price is adjusted only at the end of each day.
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Question

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Exchange-traded funds (ETFs) differ from open-end funds (mutual funds) in that ETFs are traded on an exchange throughout the day at market prices, while mutual funds are bought and sold at the end of the trading day at the net asset value (NAV) price.

Exchange-Traded Funds Differ from Open-End Funds in That Their Share