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2008 CFA Level 1 - Sample 样题(1)-Q49

49Which of the following statements is least accurate with respect to the advantages of open-end exchange traded funds (ETFs)? Open-end ETFs:

A. tend to trade closer to their net asset values than closed-end index funds.

B. provide for more immediate reinvestment of dividends than index mutual funds.

C. provide a more cost-effective way for large institutions to invest in emerging markets.

D. provide lower exposure to capital gains distribution taxes than traditional mutual funds.

      

[此贴子已经被作者于2008-11-7 15:18:45编辑过]

 a

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 tx

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3

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b

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d

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回复:(8586)2008 CFA Level 1 - Sample 样题(1)-...

yes

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1

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[em01][em02]

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