Go to the Investment Company Institute website 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 website 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 1 What is the most recent value for Total Net Assets and Number of Funds?

2 How has each of these changed since 2019 as reported in Table 17–1?

AppendixLO1