Many exchange-traded funds (ETFs) are designed to track indexes like the S&P/TSX. Although ETFs often get close to achieving the performance of the index they are attempting to mimic (i.e. copy), they always fall a little short. Why is that? Explain.

Answer rating: 100% (QA)

ExchangeTraded Funds ETFs aim to closely follow the performance of specific indices like the SPTSX Composite Index in Canada which measures the overal... View the full answer