In 2013, an estimated 96 million individual investors owned mutual funds and held 90 percent of total mutual fund assets directly or through retirement plans at year-end. Altogether, 56.7 million households, or 46 percent of all U.S. households, owned mutual funds. Household ownership of mutual funds has remained steady over the past decade. Mutual funds… Continue reading TME 012: Mutual Funds
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TME 012: Mutual Funds
In 2013, an estimated 96 million individual investors owned mutual funds and held 90 percent of total mutual fund assets directly or through retirement plans at year-end. Altogether, 56.7 million households, or 46 percent of all U.S. households, owned mutual funds. Household ownership of mutual funds has remained steady over the past decade. Mutual funds… Continue reading TME 012: Mutual Funds