Question

10 which of the following is not a common type of mutual fund?

equity fund
money market fund
regional fund
fixed-income fund

Explanation:

Identify common mutual fund categories

Using the Mutual Funds knowledge point

The three primary and most common types of mutual funds are:

• Equity funds (which invest primarily in stocks)
• Fixed-income funds (which invest primarily in bonds or debt securities)
• Money market funds (which invest in short-term, low-risk debt securities)

Evaluate the remaining option

A "Regional fund" is a specialized geographic subcategory of equity or bond investing rather than one of the broad, standard primary types of mutual funds. Therefore, it is NOT considered a primary common type of mutual fund in standard financial literacy curricula.

Answer:

• (A) Equity fund
• (B) Money market fund
• (C) Regional fund (Correct answer)
• (D) Fixed-income fund