An important feature of money market mutual fund shares is ________.
A) deposit insurance
B) they offer deposit-type accounts
C) the ability to borrow against shareholdings
D) claims on shares of corporate stock

Question

Quizplus · Accepted Answer

Money market mutual fund shares offer deposit-type accounts, meaning they are a low-risk investment option that allows for easy access to cash. They are not insured by the government like bank deposits and do not provide claims on shares of corporate stock. Borrowing against shareholdings is not a typical feature of money market mutual fund shares.

An Important Feature of Money Market Mutual Fund Shares Is