Examlex
Which of the following statements is not true?
Mutual Funds
Investment vehicles comprising pooled funds of investors that are managed by professionals, investing across a range of asset classes for diversification.
Money Market Securities
Short-term financial instruments with high liquidity and minimal risk, such as Treasury bills and certificates of deposit.
Total Assets
The sum of all current and non-current assets owned by a company, reflecting its overall value.
Open-End Funds
Mutual funds that continuously issue new shares or redeem existing shares and do not have a fixed number of shares available for the public.
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