Mutual Fund Content

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).

This year marks a historic anniversary. It has now been 100 years since the creation of the first US mutual fund. That was a pivotal moment for individual retail investors and the American economy. But it was more than that—so much more. I would argue that the mutual fund is the most...

March 21, 2024—The latest research from the Investment Company Institute (ICI) shows that the average expense ratio for equity mutual funds declined for the fourteenth straight year in 2023, while the average expense ratio for bond mutual funds remained unchanged from its level in...

ICI President and CEO Eric Pan applauded the House of Representatives’ passage of H.R. 500, the Financial Exploitation Prevention Act, which would enable mutual funds and their transfer agents to better protect seniors by delaying the redemption of securities, if there is reasonable...

Individual retirement accounts (IRAs) represent the largest share of assets in the US retirement market, with assets totaling $13.9 trillion at year-end 2021 (Figure 1). Forty-five percent of this total is held in mutual funds, with IRA mutual fund investors primarily invested in...

For more than half a century, ICI has produced an annual Fact Book featuring research, analysis and data compiled over the previous year. These data are key to ICI’s efforts to help support the foundation of the asset management industry for the ultimate benefit of the long-term...

Individual retirement accounts (IRAs) represent the largest share of assets in the US retirement market; forty-five percent of this total is held in mutual funds. Last year, IRA mutual fund investors paid average expense ratios similar to those paid by all mutual fund investors (i.e...

Managing your finances is serious business, so people may not often associate “fund” with “fun.” But that’s all right, because investors associate funds with something more important—achieving their financial goals. Mutual funds offer diversified, cost-effective investment management...

Even as the market turmoil triggered by strict government mandates and social distancing due to the COVID-19 health crisis raged in March 2020, ICI started studying how registered funds weathered the crisis. As the dust settled, we quickly identified a key factor that exacerbated...