Question

Which of the following is not a money market mutual fund?

A) a pension fund that tracks growth stocks
B) a fund with a minimum investment that tracks the value of cash
C) a fund that tracks the S&P 500
D) a fund that tracks commodities such as gold and silver

Answer 1

The answer is C) a fund that tracks the S&P 500. Money market mutual funds invest in short-term, low-risk debt securities such as Treasury bills, certificates of deposit, and commercial paper. They are designed to provide liquidity and stability to investors. A pension fund that tracks growth stocks, a fund that tracks the value of cash, and a fund that tracks commodities such as gold and silver are not money market mutual funds.

Answer 2

Answer: a fund with a minimum investment that tracks the value of cash

Explanation: The image below is proof that my answer is correct.