BANK Union Bank of India Local Bank Officer Mock Test 2024 General Knowledge Economy Money and Banking
Which one of the following statements about Exchange-Traded Fund (ETF) is not correct?
1
It is a marketable security
2
It experiences price changes throughout the day
3
It typically has lower daily liquidity and higher fees than mutual fund shares.
4
An ETF does not have its net asset value calculated once at the end of every day.
5
None of the Above