"One of your customers has decided to commit $10,000 to fixed income..."You could explain that the purchase of the ETF results in the greatest reduction of liquidity risk. This is further explained below.
Generally, liquidity risk is simply defined as, to put it another way, liquidity risk is the possibility of experiencing losses as a consequence of not being able to make payments on time or doing so at an unaffordable price.
In conclusion, Fixed-income investments have been made by one of your clients for $10,000..." In other words, you might say buying the ETF lowers liquidity risk the most.
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