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Many Investors Don't Know The Difference Between Mutual Funds And ETFs — Here's Why It Matters
FYI: Some investors might want to double-check their familiarity with mutual funds and exchange-traded funds.
A quarter of investors don't have a preference between the two, and 17 percent don't know the difference, according to new research from Raymond James. Forty-four percent favor mutual funds, while 14 percent prefer ETFs.
