Ownership of Mutual Funds, Shareholder Sentiment, and Use of the Internet, 2019

ICI RESEARCH PERSPECTIVE, OCTOBER 2019 // VOL. 25, NO. 8

24 Pages Posted: 8 Sep 2020

See all articles by Sarah Holden

Sarah Holden

Investment Company Institute

Daniel Schrass

Investment Company Institute

Michael Bogdan

Investment Company Institute - Research

Date Written: October 29, 2019

Abstract

Each year, the Investment Company Institute (ICI) conducts a telephone survey of US households to track households’ ownership of mutual funds and to gather information on their demographic and financial characteristics. The most recent survey was conducted from May to July 2019 and was based on a dual-frame telephone sample of 4,000 US households. Of these, 1,800 households were from a landline random digit dial (RDD) frame and 2,200 households were from a cell phone RDD frame. Of the households contacted, 1,821 households, or 45.5 percent, owned mutual funds. This paper presents results from the survey, highlighting incidence of mutual fund ownership among US households; mutual fund shareholder sentiment; households’ willingness to take financial risk; and mutual fund–owning households’ use of the internet.

Keywords: mutual fund ownership, household finance

JEL Classification: G, J

Suggested Citation

Holden, Sarah and Schrass, Daniel and Bogdan, Michael, Ownership of Mutual Funds, Shareholder Sentiment, and Use of the Internet, 2019 (October 29, 2019). ICI RESEARCH PERSPECTIVE, OCTOBER 2019 // VOL. 25, NO. 8, Available at SSRN: https://ssrn.com/abstract=3661867

Sarah Holden (Contact Author)

Investment Company Institute ( email )

1401 H Street, NW
Research Department
Washington, DC 20005
United States
(202) 326-5915 (Phone)

Daniel Schrass

Investment Company Institute ( email )

1401 H Street, NW
Washington, DC 20005
United States

Michael Bogdan

Investment Company Institute - Research ( email )

United States
202.326.5948 (Phone)

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