About This Statistic
The statistic presents the total net assets of mutual funds in the United States from 1998 to 2015. It was found that the total net assets of mutual funds in the United States amounted to approximately 15.88 trillion U.S. dollars in 2014. In that year, the mutual fund assets worldwide reached 31.38 trillion U.S. dollars.
Mutual funds - additional information
Mutual funds are investment funds in which the capital is pooled from a number of different investors and then used to buy securities such as stocks, bonds or money market instruments. Although investing in mutual funds, rather than direct investment in individual securities, still presents a certain degree of risk, it has become more and more common practice around the world. One of the biggest advantages of this type of investment is the fact that the fund assets are managed by professionals, who aim to eliminate some of the risk involved in investing in individual stocks and bonds through diversification of assets.
As of 2014, there were over 79 thousand mutual funds worldwide, out of which more than nine thousand of the mutual funds were domiciled in the United States. The investments play an important role in household finances, and especially in retirement planning. That might be the reason why more than 40 percent of the American households owned mutual funds in 2014. The households, where the family head was in the 45-54 age group, represented the biggest group among mutual fund investors in the United States.
There are four main types of mutual funds, categorized by the nature of their principal investments, namely: stock or equity funds (whether domestic or international), bond or fixed income funds, money market funds and hybrid funds. In 2014, domestic equity funds were the most popular category in the United States, representing 42 percent of all mutual fund and ETF assets.