Which of the following is not a money market mutual fund?

Question

a. a pension fund that tracks growth stocks.
b. a fund with a minimum investment that tracks the value of cash.
c. a fund that tracks the S&P 500.
d. a fund that tracks commodities such as gold and silver.

Answer 1

The option that is not a money market mutual fund is:

a. a pension fund that tracks growth stocks.

Money market mutual funds typically invest in short-term, high-quality investments such as government bonds, treasury bills, and commercial paper. In contrast, a pension fund that tracks growth stocks focuses on equities with the potential for significant capital appreciation, which is not characteristic of money market investing.