Question: The key difference between exchange-traded and closed-end funds is: Multiple choice question. closed-end funds are actively managed by portfolio managers, while exchange-traded funds are invested

The key difference between exchange-traded and closed-end funds is: Multiple choice question. closed-end funds are actively managed by portfolio managers, while exchange-traded funds are invested in the stocks of a certain index. closed-end funds have lower fees than exchange-traded funds. closed-end funds are no-loads, while exchange-traded funds charge a sales commission for each transaction

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