Term of the Day: Exchange-Traded Mutual Funds (ETMF)

	View online | Add Investopedia to safe senders list
	INVESTOPEDIA Term Of The Day June 18, 2015 Exchange-Traded Mutual Funds (ETMF) An ETMF, or exchange-traded mutual fund, is an exchange-traded security that is a hybrid between an exchange-traded fund (ETF) and an actively managed open-ended mutual fund. It allows a standard net asset value (NAV)-based mutual fund to trade in real-time on a stock exchange, similar to the trading of a stock or ETF. ETMF intraday trading prices will be directly linked to the fund's next end-of-day NAV. All bids, offers, and trade prices will be quoted in terms of premium or discount to the end-of-day NAV (like NAV+$0.02, or NAV-$0.05). For each trade, the premium or discount to NAV is locked-in at trade execution time, and the final transaction price is determined once NAV is calculated at the end of the day. Investopedia Explains: Essentially, an ETMF is a mutual fund available in the guise of an ETF. ETMFs offer the benefits of both mutual funds... Read More Articles Related to "Exchange-Traded Mutual Funds (ETMF)" Make a Downstream Bet with Oil Refiners For energy stock investors, the last six or seven months have been pretty lousy. Supplies of oil continue to rise... Read More Top Tips for Rebalancing 401(k) Assets There is a good reason why the importance of rebalancing a portfolio is emphasized. Not only does rebalancing allow you to... Read More Stocks and ETFs for a Teetering Stock Market The stock market isn't behaving well, but this isn't a surprise. This current downswing could just be a short-term correction... Read More Recently Added Definitions Open Loop Card A credit card, debit card or gift card that a consumer can use to make purchases anywhere that a card is generally accepted. An open loop card carries a major... Read More Re-Aging Debt Restarting the clock on a debt's statute of limitations. Re-aging debt can happen if you talk to a creditor about an old debt or make a... Read More Related Definitions Dividend Sharpe Ratio Exchange-Traded Fund (ETF) Guideline Premium And Corridor Test (GPT) Cash Value Accumulation Test (CVAT) Past Terms of the Day Stochastic Oscillator High-Yield Bond Short-Term Investments Triple Witching Stalking-Horse Bid You are currently subscribed as: mondemand.forex@blogger.com Unsubscribe | Unsubscribe From All | Manage Profile Investopedia US, A Division of IAC. Copyright © 2015, Investopedia, LLC. All Rights Reserved Follow Us: