Which of the following types of funds are explicitly stated not to be guaranteed? A) Mutual fund ETFs. B) Index mutual funds. C) Segregated funds. D) Guaranteed mutual funds.
Understand the Problem
The question is asking to identify which type of funds is explicitly stated not to be guaranteed among the provided options.
Answer
Segregated funds.
The final answer is Segregated funds.
Answer for screen readers
The final answer is Segregated funds.
More Information
Segregated funds are often associated with insurance companies and their investments are not guaranteed because they do not fit under mutual funds or typical guarantees and are instead protected by insurance regulations.
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