Which of the following is a difference between Exchange Traded Funds (ETFs) and mutual funds?
A) Unlike mutual funds, ETFs are bought and sold just like shares of corporate stock.
B) Unlike mutual funds, ETFs represent ownership in a broad portfolio of securities.
C) Unlike mutual funds, ETFs are a relatively old investment vehicle.
D) Unlike mutual funds, ETFs are professionally managed.

Question

Quizplus · Accepted Answer

ETFs are traded on stock exchanges throughout the day like stocks, whereas mutual funds are typically bought and sold at the end of the trading day at the net asset value (NAV).

Which of the Following Is a Difference Between Exchange Traded