Mutual Fund Content

Washington, DC; May 21, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement after the Generating Retirement Ownership Through Long-Term Holding Act (GROWTH Act) was introduced in the U.S. Senate by Sen. John Cornyn (R-TX). “The...

Washington, DC; November 21, 2024—Today, Investment Company Institute (ICI) President and CEO Eric Pan released the following statement regarding a House Resolution recognizing the 100 th anniversary of the mutual fund, sponsored by Representatives Andrew Garbarino (NY-02) and Brad...

Eric J. Pan President and CEO Investment Company Institute 25 September 2024 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...

Washington, DC, 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...

Washington, DC; January 30, 2023—Today, Investment Company Institute (ICI) President and CEO Eric Pan released the following statement on the House of Representatives’ passage of H.R. 500, the Financial Exploitation Prevention Act. The bill, authored by Rep. Ann Wagner (MO-2), would...

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 Investment Company 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...

VIEW AS PDF Individual retirement accounts (IRAs) represent the largest share of assets in the US retirement market, with assets totaling $12.2 trillion at year-end 2020 (Figure 1). Forty-five percent of this total is held in mutual funds, with IRA mutual fund investors primarily...

VIEW AS PDF One of my local swim clubs sent a postcard urging me to “sign up for mutual fun,” with a picture of people wading in a swimming pool. Perhaps it’s an occupational hazard that I read that as a reference to mutual funds—or maybe they were acknowledging that our funds are...