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Basic Question 1 of 15

The major difference between a bond mutual fund and a money market fund is the ______.

A. maturity of the underlying assets
B. safety of the underlying assets
C. size of these funds

User Contributed Comments 2

User Comment
santibanez However the underlying assets to an overnight repo (money market) can be a long term maturity bond....
10425406 overnight placements as money market
bonds one y
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

describe mutual funds and compare them with other pooled investment products

CFA® 2024 Level I Curriculum, Volume 6, Module 3.