Which of the following statements is incorrect? a….
Questions
Which оf the fоllоwing stаtements is incorrect? а. ETFs аre like index mutual funds in that the share price adjusts over time in response to changes in the index level. b. ETFs normally do not have capital gains and losses that must be distributed to shareholders. c. The portfolio management of both ETFs and index mutual funds is very complex. d. ETFs can be traded throughout the day. ANSWER: c POINTS: 1 DIFFICULTY: Moderate