funde and exchange traded funds (ETES) is that:

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter13: Investing In Mutual Funds, Etfs, And Real Estate
Section: Chapter Questions
Problem 1LO
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QUESTION 10
The difference between mutual funds and exchange traded funds (ETFS) is that:
O Mutual fund shares do not trade in the secondary market and exchange traded fund shares
do.
O Mutual fund portfolios are diversified and exchange traded funds do not offer diversified
portfolios.
Transcribed Image Text:QUESTION 10 The difference between mutual funds and exchange traded funds (ETFS) is that: O Mutual fund shares do not trade in the secondary market and exchange traded fund shares do. O Mutual fund portfolios are diversified and exchange traded funds do not offer diversified portfolios.
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