Question: Q 2 ( 4 pts ) Compared to open - end mutual funds, exchange traded funds are more likely to: A . Charge higher management

Q2(4 pts) Compared to open-end mutual funds, exchange traded funds are more likely to:
A. Charge higher management fees due to active trading strategies.
B. Provide intraday liquidity through direct redemption.
C. Require authorized participants for share creation.
D. Trade only once per day at the fund's net asset value.
E. Be limited to institutional investors only.
Q 2 ( 4 pts ) Compared to open - end mutual

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