Ch.2 · Mutual Fund Structure Basics · medium
What is an ETF (Exchange Traded Fund)?
0% of students got this wrong
EXPLANATION
An ETF is a fund that tracks an underlying index, commodity, or asset and trades on stock exchanges like a share throughout the trading day at market prices. Unlike open-ended index funds (transacted at end-of-day NAV), ETFs can be bought/sold intraday through a demat account.
Practising Chapter 2 one question at a time?
Try the full chapter — 100 questions, tracked score, weak area breakdown.