An advertisement that provides performance data for which of the following mutual funds would not need to include a statement warning that the principal value of the investment will fluctuate such that the investor's shares may be worth either more or less when redeemed than what the investor originally paid for them?

Question

Quizplus · Accepted Answer

Only a money market fund is exempt from including a statement warning that the principal value of the investment will fluctuate such that the investment may be worth either more or less when redeemed than what the investor originally paid for them. The principal values of both U.S. government bond funds and municipal bond funds will fluctuate, so the warning must be present in the advertisements for those types of funds.

An Advertisement That Provides Performance Data for Which of the Following