What are the main categories of mutual funds 2024?
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Studied at the University of Johannesburg, Lives in Johannesburg, South Africa.
1. Money market funds. These funds invest in short-term fixed income securities such as government bonds, treasury bills, bankers' acceptances, commercial paper and certificates of deposit. They are generally a safer investment, but with a lower potential return then other types of mutual funds.
2023-05-15 11:58:25
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1. Money market funds. These funds invest in short-term fixed income securities such as government bonds, treasury bills, bankers' acceptances, commercial paper and certificates of deposit. They are generally a safer investment, but with a lower potential return then other types of mutual funds.