Sản phẩm & Rủi roCâu 113 / 398
A retail money market mutual fund generally seeks to maintain a stable net asset value of:
a.$1.00 per share
b.$10.00 per share
c.$100.00 per share
d.Whatever the market sets intraday
Giải thích
A money market fund invests in short-term, high-quality debt instruments and typically strives to keep a stable $1.00 NAV per share, paying earnings out as dividends. Although generally low risk, money market funds are not federally insured, so a stable value is a goal rather than a guarantee.
Trích dẫn luật: Investment Company Act of 1940Luyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A 12b-1 fee charged by a mutual fund is used to cover:
- A mutual fund's expense ratio measures:
- Under the 75-5-10 test, a mutual fund may call itself 'diversified' if, with 75% of its assets, it invests no more than:
- An investor is concerned that rising interest rates will reduce the value of a fund's holdings. This concern is most relevant to which fund?
- A sector fund that invests almost entirely in technology companies primarily exposes investors to:
- An index fund is designed to:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với FINRA Securities Industry Essentials (SIE) Exam · Quy trình kiểm tra