Are exchange-traded mutual funds better than ETFs?
Could you elaborate on the key differences between exchange-traded mutual funds (ETMFs) and Exchange-Traded Funds (ETFs), and whether one is inherently better than the other? Are there specific advantages or disadvantages to investing in ETMFs compared to ETFs, particularly in terms of liquidity, fees, tax efficiency, and overall performance? Additionally, what factors should investors consider when deciding between the two options? Is there a general consensus among financial experts on which is preferable, or does it vary depending on the individual investor's circumstances and goals?