Which of the following statements regarding ETFs is false?
A)Traditionally actively managed
B)Pool together investors' monies for joint management
C)Traded intraday like stocks
D)Typically lower cost structure than mutual funds
E)Usually traded at close to market value of its underlying holdings

Question

Quizplus · Accepted Answer

ETFs are not traditionally actively managed, as they are designed to track a specific index or sector rather than relying on a portfolio manager's active decisions.

Which of the Following Statements Regarding ETFs Is False