Number of mutual funds in the United States from 1997 to 2016

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Number of mutual funds
19976,778
19987,489
19998,003
20008,370
20018,518
20028,511
20038,426
20048,417
20058,449
20068,721
20078,745
20088,879
20098,611
20108,535
20118,673
20128,744
20138,972
20149,258
20159,517
20169,511
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About This Statistic

The statistic presents the number of mutual funds in the United States from 1997 to 2016. There were 9,511 mutual funds in the United States in 2016.


Mutual funds – additional information

Mutual funds are a form of collective investment. The investors’ money is pooled together and invested in selected financial instruments, according to the strategy defined in the fund prospectus. There are different types of mutual funds available to investors, corresponding to the return expectation and risk level that they are ready to take.

The number of mutual funds in the United States has not changed significantly in the last years. Since 2000, there were on average 8,600 funds available for the investors each year. Even the financial crisis in 2008 didn’t provoke big changes in the number of the mutual funds. In 2014, there were 9,260 mutual funds in the United States, managing assets worth approximately 15.87 trillion U.S. dollars. In the same year, the number of mutual funds globally reached 79,669. They managed 31.38 trillion U.S. dollars of clients’ assets.

Each year the quantity of mutual funds is subject to fluctuation as some of the existing funds are closed and new funds are created. Closing a fund usually means liquidating it (the fund ceases to exist) or merging in into another fund.

One of the reasons for the growth in the number of mutual funds in the last years can be explained by the fact that higher number of funds was created than closed.

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