Question: How do exchange-traded funds differ from mutual funds? I. ETFs have lower management expense ratios. II. ETFs do not make capital gain distributions to their
How do exchange-traded funds differ from mutual funds? I. ETFs have lower management expense ratios. II. ETFs do not make capital gain distributions to their shareholders. III. ETFs do not charge front-end loads.
Select one:
a.
I and III, only
b.
II and III, only
c.
I and II, only
d.
I, II and III
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