___________ Are a Type of Mutual Funds That Is Required

___________ are a type of mutual funds that is required by law to invest in highly liquid and low-risk securities such as certificates of deposits or government securities. These funds pay dividends that generally reflect short-term interest rates and are not federally insured. Due to low-risk nature of the investments, these funds rarely lose money.

A) Money market funds
B) Trust funds
C) Collateral funds
D) Index funds

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