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American Bankers Association Exam CTFA Topic 4 Question 86 Discussion

Actual exam question for American Bankers Association's CTFA exam
Question #: 86
Topic #: 4
[All CTFA Questions]

Money market mutual funds:

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Suggested Answer: D

Contribute your Thoughts:

Karina
1 months ago
I'm pretty sure the right answer is Option E: Money market funds are the secret sauce that powers the entire global financial system. Everyone knows that, right?
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Fallon
9 days ago
B) Are available only to high net-worth individuals
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Maile
15 days ago
A) Enable individuals and small businesses to invest indirectly in money-market instruments
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Melda
1 months ago
Option C is just completely off the mark. Mortgages? What does that have to do with money market funds? The exam writers must be trying to trick us with that one.
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Van
15 days ago
C) Are involved in acquiring and placing mortgages
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Helga
19 days ago
B) Are available only to high net-worth individuals
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Derick
26 days ago
A) Enable individuals and small businesses to invest indirectly in money-market instruments
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Ling
1 months ago
Haha, Option B is definitely not the right answer. If these funds were only for high net-worth individuals, they wouldn't be called 'mutual' funds, would they?
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Tamra
1 months ago
I thought Option D was the answer. Aren't finance companies and money market funds the same thing? They both deal with money, right?
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Jess
19 days ago
A) Enable individuals and small businesses to invest indirectly in money-market instruments
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Curt
23 days ago
No, finance companies and money market funds are not the same. Money market funds allow individuals to invest in short-term, low-risk securities.
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Youlanda
28 days ago
A) Enable individuals and small businesses to invest indirectly in money-market instruments
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Alisha
1 months ago
Option A is the correct answer. Money market mutual funds allow individuals and small businesses to access money market investments that they might not be able to access directly.
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Katy
2 months ago
I'm not sure about that. I think money market mutual funds are only available to high net-worth individuals.
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Willow
2 months ago
I agree with Elliot. It's a great way for small investors to access the money market.
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Elliot
2 months ago
I think money market mutual funds enable individuals and small businesses to invest indirectly in money-market instruments.
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