What is the median number of mutual funds an individual owns?

In 1958, the median number of mutual funds an individual owned was one. Today, the median number is four.

How much money does the typical investor in today's market have in his mutual fund accounts?

The typical investor has about $80,000 in his or her mutual fund accounts.

What percentage of a household's financial assets are in the form of mutual funds?

Twenty-one percent of a household's financial assets are in the form of mutual funds. How do I buy a mutual fund?

You can buy mutual funds in many ways. You can buy a mutual fund directly through a mutual fund company, a broker, a full-service bank, or through the company that manages your 401(k) or retirement plans.

What financial goal does the typical investor in mutual funds desire when making an investment?

Seventy-six percent of mutual fund investors have the financial goal of investing and saving for their retirement years.

How many people are employed in the investment company business?

In 2009, 157,000 people worked in the investment company business.

How do I decide which funds to choose?

This question is very complex because it involves so many variables. You must analyze the performance of many periods (one year, three years, five years, ten years, and life of fund). Experts also believe that you should find funds with lower expense ratios and stable management teams in place.

What does the phrase "past performance is no indication of future performance" mean?

Most mutual funds advertise a disclaimer that states "past performance is no indica

Predicting the future performance of a mutual fund is problematic, to say the least. Improve your odds by finding funds with stable teams and low expense ratios.

Predicting the future performance of a mutual fund is problematic, to say the least. Improve your odds by finding funds with stable teams and low expense ratios.

tion of future performance." It means that just because a mutual fund was number one last year, that does not necessarily mean it will be number one this year, or even in the top ten.

 
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