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theferpectstudent theferpectstudent
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2 years ago
The major difference between mutual funds and exchange traded funds (ETFs) is

▸ ETFs can be bought or sold at their current price at any time during normal trading hours.

▸ mutual fund portfolios are always based on one of the major market indexes.

▸ ETFs invest in broadly diversified portfolios of securities.

▸ ETFs are actively managed.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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davisdiamonddavisdiamond
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