Money · Facts & sources
5 sourced facts about investment funds (mutual funds, index funds and ETFs), each with the context behind the number. 4 more are in today's round and appear here after it closes.
Answerabout $69.0 trillion
Mutual funds pool money from many investors, and by the end of 2023 that pool had grown to nearly $70 trillion worldwide.
Source: Investment Company Institute (via Wikipedia) (2023) en.wikipedia.org
Answerabout 56%
The U.S. is by far the largest mutual fund market, with Luxembourg, Ireland, and China trailing well behind.
Source: Investment Company Institute (via Wikipedia) (2023) en.wikipedia.org
Answerabout 24%
Mutual funds have become a core building block of American household wealth, especially through retirement accounts.
Source: Investment Company Institute (via Wikipedia) (2024) en.wikipedia.org
Answerabout $22 trillion
Index funds, which simply track a market benchmark rather than picking stocks, now hold trillions in low-cost, passive investments.
Source: Index fund industry data (via Wikipedia) en.wikipedia.org
Answerabout $100 billion
John Bogle's index fund was mocked as 'Bogle's Folly' at launch but went on to become one of the largest funds in the world.
Source: Index fund history (via Wikipedia) (2020) en.wikipedia.org