Which of the following mutual funds will be the best in providing current income, safety of principal and liquidity?

Question

Quizplus · Accepted Answer

Money market funds are specifically designed to provide current income, safety of principal, and liquidity. These funds invest in high-quality, short-term debt securities, which provide a predictable stream of income and are considered a safe investment. Money market funds are also highly liquid, providing investors with easy access to their funds when needed. Income funds and balanced funds may provide current income, but they may not prioritize safety of principal, while exchange-traded funds may have higher volatility and may not prioritize current income or safety of principal.

Which of the Following Mutual Funds Will Be the Best