eturn of the DAX 30 Index, the index consisting of the 30 major German blue-chip stocks. Vanguard DAX 30 Exchange Traded Fundseeks to track the return of the same DAX 30 Index. Which of the following statements about the above mutual fund and ETF is correct? a. Both of these funds can be bought on the German stock exchange b. The mutual fund is professionally managed, while the exchange traded fund is not c. Both of these funds can be bought directly via Vanguard (the investment company) d. None of the
eturn of the DAX 30 Index, the index consisting of the 30 major German blue-chip stocks. Vanguard DAX 30 Exchange Traded Fundseeks to track the return of the same DAX 30 Index. Which of the following statements about the above mutual fund and ETF is correct? a. Both of these funds can be bought on the German stock exchange b. The mutual fund is professionally managed, while the exchange traded fund is not c. Both of these funds can be bought directly via Vanguard (the investment company) d. None of the
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
A3)
Finance
Vanguard DAX 30 Mutual Fund seeks to track the return of the DAX 30 Index, the index consisting of the 30 major German blue-chip stocks. Vanguard DAX 30 Exchange Traded Fundseeks to track the return of the same DAX 30 Index. Which of the following statements about the above mutual fund and ETF is correct?
a.
Both of these funds can be bought on the German stock exchange
b.
The mutual fund is professionally managed, while the exchange traded fund is not
c.
Both of these funds can be bought directly via Vanguard (the investment company)
d.
None of the above
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education