In 2013, an estimated 96 million individual investors owned mutual funds and held 90 percent of total mutual fund assets directly or through retirement plans at year-end. Altogether, 56.7 million households, or 46 percent of all U.S. households, owned mutual funds. Household ownership of mutual funds has remained steady over the past decade. Mutual funds represented a significant component of many U.S. households’ financial holdings in 2013. Among households owning mutual funds, the median amount invested in mutual funds was $100,000.
Mutual funds everyone has them. Today we ask is there a better way?