Q916
Mutual fund allows investors to sale out their share during any normal trading hours is classified as
A.
exchange traded fund
AnswerB.
management expense
C.
money trade fund
D.
capital trade fund
Answer: Option A
Solution
Answer: Option A
Solution:
Mutual fund allows investors to sale out their share during any normal trading hours is classified as exchange traded fund. Exchange Traded Funds (ETFs) are mutual funds listed and traded on stock exchanges like shares. Index ETFs are created by institutional investors swapping shares in an index basket, for units in the fund.