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AAFM GLO_CWM_LVL_1 Exam - Topic 9 Question 119 Discussion

Which of the following is not correct in relation to ETFs?
D) Intra Day trading of ETFs is very expensive
A) ETFs provide exposure to an Index or a basket of securities that trade on the exchange like a single stock
B) ETFs can be bought and sold on the exchange at prices that are usually closer to the actual intra --day NAV of the scheme
C) ETFs trade very close to their actual NAVs

AAFM GLO_CWM_LVL_1 Exam - Topic 9 Question 119 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam
Question #: 119
Topic #: 9
[All GLO_CWM_LVL_1 Questions]

Which of the following is not correct in relation to ETFs?

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Suggested Answer: D

by Lilli at May 27, 2026, 06:12 PM

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Margarett
3 days ago
Exactly! ETFs are cost-effective.
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Pura
9 days ago
Right? A and B are true.
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Noble
14 days ago
Agreed, D seems off.
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Margarett
19 days ago
Intra-day trading isn't really that expensive.
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Pura
24 days ago
Why do you say that?
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Margarett
29 days ago
I think D is the answer.
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Nada
1 month ago
Totally agree with B, prices are usually pretty accurate!
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Carey
1 month ago
C is spot on, they usually track their NAV closely.
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Adell
1 month ago
Wait, are you serious? I thought intra-day trading was costly!
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Maurine
2 months ago
I think D is the odd one out. Intra-day trading isn't that expensive.
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Kenneth
2 months ago
ETFs do trade like stocks, that's true!
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Brandon
2 months ago
I'm a bit confused about the pricing of ETFs. I thought they traded at market prices, which can differ from NAV, but I can't remember if that makes D correct or not.
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Charlesetta
2 months ago
I practiced a question similar to this, and I think all the other options are true about ETFs.
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Glendora
2 months ago
I think option D might be the one that's not correct. I recall that intra-day trading can actually be quite efficient with ETFs.
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Nadine
3 months ago
I remember that ETFs usually trade close to their NAV, but I'm not sure about the costs associated with intra-day trading.
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