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Expanding on ETFs
Manage episode 336944279 series 3337268
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Indifferent to mutual funds, ETFs have intraday price movement, meaning that they are issuing and redeeming shares on an ongoing basis throughout the day, whereas mutual funds are only priced one time a day if you recall from our mutual fund episode. This ability that an ETF has to issue and redeem shares like this, helps keep the price of ETFs on par with their underlying securities.
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