AMERIKAN INVESTMENT FUNDS -THE LARGEST INVESTMENT FUNDS IN THE FINANCIAL MARKET
DOI:
https://doi.org/10.5937/BIZINFO1502051JKeywords:
mutual fund, largest, assets, householdsAbstract
With $15 trillion in assets, the U.S. mutual fund industry remained the largest in the world at year-end 2013. accounting for half of the $30 trillion in mutual fund assets worldwide. Total net assets increased by nearly $2 trillion from the level at year-end 2012. The majority of U.S. mutual fund assets were in long-term funds. Equity funds made up 52% of U.S.mutual fund assets at year-end 2013. An estimated 96 million individual investors owned mutual funds and held 90 percent of total mutual funs assets. Altogether, 56,7 million households or 46 percent of all U.S. households owned mutual funds.
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