Important differences exist between mutual funds and ETFs

INVESTMENT PRODUCTS
Your investment adviser will discuss the difference with you and make recommendations based on your goals, objectives, and tolerance for risk.

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Benefit ETFs Mutual Funds
Diversification
Active fund management
Lower expense ratios
Hands-on intraday trading
Financial transparency Portfolio Holding
Reported Daily
Portfolio Holding Reported
Semiannually or Quarterly
Options trading
Stagnant index
Short selling
Time control
Dividends reinvested automatically

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