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Super-generic mutual fund type
You can also create a CD ladder (say 1/3 in a 6 month CD, 1/3 in a 1 year CD, 1/3 in a 2 year CD) with half of your emergency fund money.  You always want to leave some of it in a liquid account so you can get at it immediately without any interest penalty.  CD's provide higher interest than a savings account.  By staggering the lengths of the CD's, you give yourself more options, and can roll them over into CD's with higher rates (since interest rates are soooo low right now) as the CD's mature.