Explain the main features of exchange traded funds, including the creation/redemption process.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter17: Financial Markets
Section: Chapter Questions
Problem 40P: Many retirement funds charge an administrative fee each year equal to 0.25% on managed assets....
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Explain the main features of exchange traded
funds, including the creation/redemption process.
- What are the advantages of an ETF relative to
open-end and closed-end investment companies?
-Explain what is meant when exchange traded
funds are said to be actively managed funds.
- Explain the role of the authorized participant in
an ETF.
Transcribed Image Text:Explain the main features of exchange traded funds, including the creation/redemption process. - What are the advantages of an ETF relative to open-end and closed-end investment companies? -Explain what is meant when exchange traded funds are said to be actively managed funds. - Explain the role of the authorized participant in an ETF.
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