Some Differerences

Conceptually, an index mutual fund and an index exchange traded fund are to identical. There is however, one difference that has the potential to make them only cousins; that difference is the fact that exchange traded funds are bought and sold on an exchange just like individual stocks while index mutual funds are bought and sold through the investment company that sponsors them. There are several ramifications of this distinction. The first is that the price of an exchange traded fund is es...