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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A ________ consists of all products–original as well as line and category extensions-sold under a particular brand
A) brand line B) cobrand C) generic brand D) licensed product E) subbrand
Availability of funds is not the criteria for deciding on the capital investment proposals
Indicate whether the statement is true or false
Which of the following is least likely to succeed on a claim under the Americans with
Disabilities Act? A) Someone, who is unable to walk, but can do all the requirements of a job, although in some cases it might take him a little longer than if he could walk B) Someone who has a documented history of severe asthma, although they have not had any problems since moving from New Orleans to Denver C) Someone who is not hired because of a past drug habit, which he has stayed away from for a couple of years D) Someone who wears unusual-looking thick glasses to correct a rare vision problem. This person has normal vision with the glasses, but most people falsely assume that she cannot see normally, even with the glasses E) Someone who has a bad back that prevents him from being able to work at the minimum required speed on an assembly line
Assume a firm's resources and capabilities are costly to imitate. This is because rival companies do not clearly understand the relationship between the resources and capabilities controlled by the firm. In this case, the firm's competitive advantage is protected against imitation by
A. social complexity. B. path dependence. C. causal ambiguity. D. dependence complexity.