NAV would fluctuate or stay same during the time period

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There are several ETFs listed on the American Stock Exchange (AMEX). One of them is iShares—Switzerland. This ETF tracks the Morgan Stanley Capital International (MSCI)—Switzerland index, which is based on several stocks that trade on the Swiss Exchange. The Swiss Exchange is open from 9 a.m.to 5:30 p.m. Swiss time and the AMEX is open from 9:30 a.m. to 4 p.m. U.S. Eastern Standard Time (EST). The U.S. EST lags the Swiss time by six hours. Discuss whether the ETF price and its NAV would fluctuate or stay the same during the time period when the AMEX is open.

Reference no: EM132064012

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