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Learning Outcome Statements PDF Download
|a. explain the creation/redemption process of ETFs and the function of authorized participants;|
|b. describe how ETFs are traded in secondary markets;|
|c. describe sources of tracking error for ETFs;|
|d. describe factors affecting ETF bid-ask spreads;|
e. describe sources of ETF premiums and discounts to NAV;
|f. describe costs of owning an ETF;|
|g. describe types of ETF risk;|
|h. identify and describe portfolio uses of ETFs.|