Go to the Investment Company Institute Web site and find the latest information

Question

Go to the Investment Company Institute Web site and find the latest information available for Total
Net Assets, Number of Funds, and Number of Shareholder Accounts in U.S. mutual funds. Go to the
Investment Company Institute Web site at www.ici.org . Click on “Research & Statistics.” Click on
“Fact Books.” Click on the most recent year “20XX Investment Company Fact Book.” This will download
a file onto your computer that will contain the most recent information on U.S. mutual funds. In the
Data Tables of the Fact Book go to the table listing Industry Total Net Assets, Number of Funds, Number
of Share Classes, and Number of Shareholder Accounts.
Questions
What is the most recent value for Total Net Assets, Number of Funds, and Number of Shareholder
Accounts?
How has each of these changed since 2010 as reported in Table 17–1 ?

Explanation / Answer

The 2017 Investment Company Factbook was available and data has been procured from it.

Total net assets = 16,343.72 billion (for 2016)

Number of funds = 8,066 (for 2016)

Number of share classes = 25,109 (for 2016)

Number of shareholders accounts: This information is not provided.

Changes since 2010:

Total net assets has been increasing gradually since 2010. In 2010 its amount stood at 11,833.52 billion.

Number of funds has also showed an uptrend since 2010 when it stood at 7,556.

Number of share classes has also exhibited a gradual and constant increase since 2010 when it stood at 21,916.

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