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Do Mutual Fund and/or ETF's shares split like stocks? |
Do Mutual Fund and/or ETF's shares split like stocks? There are two answers to this, yes and no. It really doesn't matter because it's like getting two nickels for a dime. No gain or loss on the deal. No they don't. Mutual Funds and ETF's are baskets of funds so it really makes no sense to split them. Mutual Fund shares can split and even reverse split. I have seen it many time. Please read my profile. |
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