NO.PZ2022081802000012
问题如下:
Question ABC Fund invests in Singapore’s government debt with maturities up to three months. It is most likely classified as a:选项:
A.fixed-income arbitrage fund. B.money market fund. C.bond mutual fund.解释:
SolutionB is correct. Money market funds invest in short-term corporate or government debt. The difference between a bond mutual fund and a money market fund is the maturity of the underlying assets. In a money market fund, the maturity is as short as overnight and rarely longer than 90 days.
A is incorrect because a fixed-income arbitrage fund attempts to profit from arbitrage opportunities in interest rate securities.
C is incorrect because bond mutual funds hold bonds with maturities as short as one year and as long as 30 years.
这个知识点在课件哪部分呀