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Question 581 - CTFA discussion

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There are some investment companies, known as exchange-traded funds or ETFS, which are legally classified as open-end companies or UITs. EFTs differ from traditional open-end companies and UITs because:

A.
Pursuant to SEC exemptive orders
Answers
A.
Pursuant to SEC exemptive orders
B.
Shares issued by ETFs Traded on a secondary market
Answers
B.
Shares issued by ETFs Traded on a secondary market
C.
Are lonely redeem able in very large blocks (Blocks of 50,000 shares for example)
Answers
C.
Are lonely redeem able in very large blocks (Blocks of 50,000 shares for example)
D.
All of these
Answers
D.
All of these
Suggested answer: D
asked 16/09/2024
Omar Solomon
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