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Howard atkinson, ceo, horizons exchange traded funds (etfs) will join gary knight, vice president, trading, toronto stock exchange and tsx venture. Closed-end funds are not considered to be etfs, even though they. The first such order was to powershares actively managed exchange-traded fund trust,. This is because not only do exchange traded funds often have lower shareholder related expenses, but also because they do not have to invest in cash. What advantages do exchange-traded funds have over mutual funds? Investing, etfs, mutual funds.

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