Understanding the Nature of ETFs: Are They Open-End Investment Companies?
Exchange-Traded Funds (ETFs) have gained monumental popularity among investors, providing a unique blend of the features of both mutual funds and individual stocks. However, a common question arises: Are ETFs classified as open-end investment companies? This article delves into the intricacies of ETFs, their structure, and their classification to help you make informed investment decisions. … Read more