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Question


Consider the following points related to Exchange Traded Funds (ETF):

1. It is a basket of securities that trade on exchange

2. They offer a diversified portfolio

Which of the above is/are correct?


A
1 only
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B
2 only
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C
Both 1 and 2
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D
Neither 1 nor 2
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Solution

The correct option is C Both 1 and 2
<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> An exchange traded fund (ETF) is a type of security that tracks an index, sector, commodity, or other asset, but which can be purchased or sold on a stock exchange the same way a regular stock can.

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