SIE practice questioneasyETFs - Intraday Trading
Which of the following can be traded throughout the day on an exchange at market prices?
- AExchange-Traded Funds (ETFs)✓ Correct answer
- BOpen-end mutual funds
- CClosed-end funds only at NAV
- DVariable annuities
Explanation
Why A — Exchange-Traded Funds (ETFs)
ETFs are traded throughout the day on exchanges at market prices. Open-end mutual funds are purchased or redeemed at end-of-day NAV; closed-end funds trade on exchanges but not at NAV, and variable annuities are not traded on secondary markets.
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