Multiple Choice
Which of the following combines the operating characteristics of an open-end fund with some of the trading characteristics of a closed-end fund?
A) preferred fund
B) common fund
C) exchange traded fund
D) net-asset fund
E) Unit Investment Trust
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q28: Open-ended mutual funds can be traded on
Q63: Advantages of exchange traded funds over mutual
Q68: Money market funds are traded on the
Q71: The difference between the NAV and the
Q74: No-load funds are generally sold directly to
Q76: Having money taken automatically from your paycheck
Q80: A 12b-1 fee can only be charged
Q112: Generally speaking,socially responsible funds abstain from investing
Q147: A hybrid REIT would invest only in
Q176: If a mutual fund provides for automatic