Exit FINRA-SERIES-6 FINRA Investment Company and Variable Contracts Products Representative (IR)
Question 4 of 5
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Q4 Single choice

An exchange-traded fund (ETF):

  • A

    can be structured as either a mutual fund or a unit investment trust.

  • B

    is a type of closed-end investment company.

  • C

    is bought and sold at the net asset value of the fund.

  • D

    charges no management fees.