December 10, 2024—The estimated value of all exchange-traded fund (ETF) shares issued exceeded that of shares redeemed by $27.07 billion for the eight-day period ended December 4, 2024.
December 4, 2024—ICI President and CEO Eric J. Pan released the following statement in response to President-elect Trump’s nomination of Paul Atkins as Chair of the Securities and Exchange Commission.
Investment fraud is on the rise as scammers devise ever more sophisticated schemes that harm individual investors. Due to artificial intelligence (AI), these scams are getting easier to perpetrate and harder to spot. As International Fraud Awareness Week draws to a close, ICI is...
November 21, 2024—ICI President and CEO Eric J. Pan released a statement regarding a House Resolution recognizing the 100th anniversary of the mutual fund, sponsored by Representatives Andrew Garbarino (NY-02) and Brad Sherman (CA-32).
November 15, 2024—Just as publicly traded companies do, mutual funds, ETFs, and closed-end funds periodically submit items to their shareholders for approval, including director nominations and other policy and governance matters. Shareholders typically vote by proxy, rather than in...
November 8, 2024—ICI President and CEO Eric J. Pan released a statement on the news of Rodrigo Buenaventura’s appointment as Secretary General of the International Organization of Securities Commissions.
November 1, 2024—More American retirees get income from retirement plans today than ever before. In combination with Social Security benefits, this income helps most maintain their standard of living as they transition into retirement.
October 31, 2024—According to new research published by the Investment Company Institute (ICI), 53.7 percent of households in the United States owned mutual funds in 2024 compared with 52.3 percent in 2023 and just 5.7 percent in 1980. ICI’s latest reports, “Ownership of Mutual Funds...
October 31, 2024—Over the past year, 2.3 million more US households became mutual fund investors. Surprised? Despite headlines forecasting the demise of the mutual fund, the product continues to garner new investors, even a century after its creation.
