Wednesday, February 3, 2010

ICI Updates Mutual Fund Survey

ICI Study: More Than 50 Million U.S. Households Own Mutual Funds

Washington, DC, December 3, 2009 - More than 50 million U.S. households owned mutual funds in 2009, according to a newly updated ICI annual survey of U.S. households. While mutual funds are the most commonly held type of fund, 3.0 million households reported owning exchange-traded funds (ETFs) and 1.8 million households reported owning closed-end funds.

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