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CFA level1 原题求解 ETF的capital gain相关

求各位前辈指点
"Which of the following financial products is least likely to have a capital gain distribution?
A Exchange traded funds.
B Open-end mutual funds.
C Closed-end mutual funds."

"A is correct. Exchange traded funds do not have capital gain distributions. If an investor sells shares of an ETF (or open-end mutual fund or closed-end mutual fund), the investor may have a capital gain or loss on the shares sold; however, the gain (or loss) from the sale is not a distribution." 这句话什么意思呢

G/L是直接交易获得的,不是通过基金收益获得然后分的。

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懂了 十分感谢

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ETF 就是余额宝, 份额永远是1,不像共同基金比如什么创业板基金,一会儿份额就涨到了1.8、2.2、一会儿又跌到0.8、0.9

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