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39:02
YouTube
AnalystPrep
Exchange-Traded Funds: Mechanics and Applications (2025 Level II CFA® Exam – PM–Module 1)
Strengthen your CFA Level II Portfolio Management prep with a clear walkthrough of Exchange-Traded Funds. Learn how ETF creation and redemption work, how ETFs trade in secondary markets, and what drives tracking error, bid-ask spreads, premiums, discounts, costs, and risks. We also cover portfolio uses of ETFs for liquidity, rebalancing ...
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