Explain how an exchangetraded fund that tracks an index works. What are the advantages of an exchangetraded

Question:

Explain how an exchange‐traded fund that tracks an index works. What are the advantages of an exchange‐traded fund over (a) an open‐end mutual fund and (b) a closed‐end mutual fund?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: