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Part: 1 Background > Evaluating Your Investment Situation

Chapter 1. Evaluating Your Investment Situation

For many investors today, mutual funds are a fact of life. According to industry data, some 93 million individuals in 55 million U.S. households owned mutual funds in 2001. Because one out of three people in this country own mutual funds, they clearly are of importance to many.[1]

[1] These data, as well as data on the number of mutual funds, assets of mutual funds, types of mutual funds, and so forth, are based on data of the Investment Company Institute (ICI) available on its Web site, data from various Federal Reserve publications, and other government sources.

Approximately 52 percent of all U.S. households are now invested in mutual funds, and the number of households owning mutual funds has been increasing, not decreasing.


  

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