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American_Bankers_Association

CTFA · Question #40

________________ pools the funds f many small investors to purchase high return, short term marketable securities offered by the U. S treasury.

The correct answer is B. Money market mutual funds. See the full explanation below for the reasoning.

Investment Management

Question

________________ pools the funds f many small investors to purchase high return, short term marketable securities offered by the U. S treasury.

Options

  • AMoney market deposit accounts
  • BMoney market mutual funds
  • CTime deposit
  • DAsset management account

How the community answered

(49 responses)
  • A
    14% (7)
  • B
    78% (38)
  • C
    2% (1)
  • D
    6% (3)

Topics

#money market mutual funds#Treasury securities#short-term investments#pooled funds

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