American Bankers Association Exam CTFA Topic 4 Question 86 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 86
Topic #: 4

[All CTFA Questions]

Money market mutual funds:

AEnable individuals and small businesses to invest indirectly in money-market instruments

BAre available only to high net-worth individuals

CAre involved in acquiring and placing mortgages

DAre also known as finance companies

Show Suggested Answer

Suggested Answer: D

by Tarra at Mar 09, 2025, 06:12 AM

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Tamra

2 days ago

I thought Option D was the answer. Aren't finance companies and money market funds the same thing? They both deal with money, right?

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Alisha

3 days ago

Option A is the correct answer. Money market mutual funds allow individuals and small businesses to access money market investments that they might not be able to access directly.

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Katy

19 days ago

I'm not sure about that. I think money market mutual funds are only available to high net-worth individuals.

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Willow

22 days ago

I agree with Elliot. It's a great way for small investors to access the money market.

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Elliot

24 days ago

I think money market mutual funds enable individuals and small businesses to invest indirectly in money-market instruments.

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