Marcie is seeking interest income but wants to ensure that her investment is as safe as possible. Which type of mutual fund best fits her requirements?

Question

Quizplus · Accepted Answer

Short-term government bond funds are considered to be the safest type of mutual funds as they invest in government-issued bonds with shorter maturities, which are generally considered to be low-risk investments. This type of fund is ideal for investors like Marcie who are seeking interest income while prioritizing safety in their investment choices.

Marcie Is Seeking Interest Income but Wants to Ensure That