SIE - Securities Industry Essentials Exam

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What is an advantage of an Index ETF versus an Index Mutual Fund?

Intraday liquidity
A
Higher expense ratios
B
More aggressive NAV pricing
C
Professional investment management
D

Explanations

Intraday liquidity is a feature of ETFs. Mutual funds are priced once per day after the close at the fund's NAV.

Pricing