Recommendations & StrategiesCâu 58 / 100
An investor wants exposure to a broad market index at low cost with high tax efficiency and intraday liquidity. Which vehicle is MOST appropriate?
a.A broad-market exchange-traded fund (ETF)
b.A leveraged inverse ETN held long term
c.A single micro-cap stock
d.A non-traded REIT
Giải thích
A broad-market ETF offers diversified index exposure, low expense ratios, intraday trading, and generally strong tax efficiency due to its structure. Leveraged or inverse products are unsuitable for long-term index exposure, and single stocks lack diversification. The ETF best matches the stated needs.
Luyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A client asks about the tax treatment of qualified dividends. Qualified dividends are generally:
- When determining suitability, the FIRST and most fundamental step is to:
- The present value of a future sum will be lower when:
- A client in the accumulation phase of a variable annuity is concerned about outliving assets in retirement. Annuitization with a life payout option primarily addresses:
- An adviser notices a client has an unusually large, concentrated position in the client's employer stock. The primary concern the adviser should raise is:
- The alpha of a portfolio measures:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với NASAA Series 66 Uniform Combined State Law Exam · Quy trình kiểm tra