Which of the following statements is true?
a. mutual funds trade directly on stock exchanges...
Which of the following statements is true?
a. mutual funds trade directly on stock exchanges while
exchange-traded funds are purchased from a financial
broker.
b. mutual funds are actively managed while index funds are
passively managed.
a. index funds track major market indexes while exchange-
traded funds do not.
d. mutual funds invest exclusively in stocks while index funds
do not.
Answers: 3
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