What are ETFs and what are their advantages?
What will be an ideal response?
Answer: An ETF is a hybrid type investment that mimics the diversification of a mutual fund but enjoys the flexibility of an actively traded share of common stock. Most ETFs follow an underlying index, similar to an index fund. The main advantages of an ETF is that you don't need to open up a special account or have a minimum deposit for an account. If you already have a trading account you can purchase shares of an ETF just like shares of any common stock. You can actively trade the ETF anytime of the day taking advantages of market movements. You can trade ETFs using margin and short selling. Because of their nature, the tax liability for capital gains comes upon the trade only and is much less complex than the potential tax liability of mutual funds.
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Gary and Mary are siblings involved in a legal tangle over who gets possession of their ancestral home. Gary threatens to kill Mary's husband if she does not sign papers declaring Gary's sole ownership of their home. This is an instance of ________
A) scienter B) battery C) undue influence D) duress
If a company's marketing team chooses to focus marketing efforts on children, which demographic variable is being used to segment the market?
A) Gender B) Age C) Generations D) Benefits