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How are mutual funds and ETFs different?

April 26, 2017different ETFs Mutual funds

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How are mutual funds and ETFs different?

1 Answer

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ETFs offer investors intraday liquidity and are bought and sold with a brokerage account. Mutual funds are priced at the end of the day and cannot be bought or sold during regular trading hours. Also, ETFs are traded on a stock exchange, whereas mutual funds are bought and sold directly with the fund company or through a mutual fund trading platform.