Which of the following mutual fund types offers investors the lowest r
QUESTION
Which of the following mutual fund types offers investors the lowest risk?
A) index
B) sector
C) money market
D) balanced
E) socially responsible
ANSWER
Answer: C
Explanation: C) Money market funds invest in bank CDs, U.S. Treasury bills, and commercial paper. Money market instruments are very conservative and considered extremely safe compared to stocks and bonds.
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