CFA Practice Question

There are 294 practice questions for this study session.

CFA Practice Question

Which of the following funds would have the highest percentage of its assets invested in T-Bills?

A. Hedge funds
B. Money market mutual funds
C. ETFs
Correct Answer: B

User Contributed Comments 4

User Comment
yu0825 Can someone please explain the differences between the 3 options?
poomie83 Tbills are low risk and highly liquid. Money market are short term investmnts that suit t bills. Etf are a basket of sharees that track the share market. Hedge funds take a position on securities depending on their assessment of the performance and basically bet against it
jonan203 unless the question specified a T-bill ETF, B is the best answer.

ETFs are similar to closed end funds.
joeclark Debt instrument.
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