Consider the following statements:
Statement 1: Unlike mutual funds, hedge funds do not face heavy disclosure requirements.
Statement 2: Mutual funds generally have a tax advantage over ETFs.
Which of the following is most likely?

A Only Statement 2 is incorrect.

explanation

ETFs generally have a tax advantage over mutual funds.

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Comments

Consider the following statements:Statement 1: Unlike mutual funds, hedge funds do not face heavy disclosure requirements.Statement 2: Mutual funds generally have a tax advantage over ETFs.Which of the following is most likely?