American_Bankers_Association
CTFA · Question #222
Money market mutual funds:
The correct answer is A. Enable individuals and small businesses to invest indirectly in money-market instruments. See the full explanation below for the reasoning.
Investment Management
Question
Money market mutual funds:
Options
- AEnable individuals and small businesses to invest indirectly in money-market instruments
- BAre available only to high net-worth individuals
- CAre involved in acquiring and placing mortgages
- DAre also known as finance companies
How the community answered
(32 responses)- A81% (26)
- B6% (2)
- C3% (1)
- D9% (3)
Topics
#money market mutual funds#money market instruments#indirect investment#fund types
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