资产净值的溢价折价
Premium discount to net asset value
以上为机器翻译结果，长、整句建议使用 人工翻译 。
ETF的显著特征包括：内在的流动性、节税、资产净值无持续的溢价或折价，这些特征将稍后讨论。
Distinguishable features of ETFs include their underlying liquidity, tax efficiency, and lack of persistent premiums or discounts to their net asset values (NAV), which are discussed next.
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