Which of the following is a fund that invests in stocks or securities contained in a specific stock orsecurities index?A. Closed-end fundB. Exchange-traded fundC. Net asset value fundD. No-load fundE. Open-end fund

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25-04-2019
Business

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Which of the following is a fund that invests in stocks or securities contained in a specific stock orsecurities index?A. Closed-end fundB. Exchange-traded fundC. Net asset value fundD. No-load fundE. Open-end fund

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MrsTriplet MrsTriplet · Answer 1 · 2019-04-29T13:56:35+02:00

Answer: Which of the following is a fund that invests in stocks or securities contained in a specific stock or securities index? B. Exchange-traded fund

Explanation: An exchange-traded fund is a fund that is traded on the stock exchange. This type of fund is used for investments and for any use of exchange of stocks or securities in a public market. An exchange-traded fund is also known as an ETF and contains stocks, commodities and bonds.