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Posted on Oct 02, 2024

1. Download the relevant data (PDF file). Find Number of Funds and Total Net Assets in 2021. 2. Copy the most recent data of the

1. Download the relevant data (PDF file). Find Number of Funds and Total Net Assets in 2021. 2. Copy the most recent data of the two required variables of 2021 and the data in 2019 from Table 17-1 to a spreadsheet and include needed calculations. Prepare written 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? TABLE 17-1 Growth of Mutual Fund Industry, 1940-2019 Year Number of Funds 1940 Total Net Assets 68 1950 $ 0.45 98 2.53 1960 161 17.03 1970 361 47.62 1980 564 134.76 1990 3,079 1,065.19 1995 5.725 2,811.29 2000 8,154 6,964.31 2005 7,976 8,891.01 2006 8.122 10,397.75 2007 8,040 11,999.51 2008 8,039 9,620.27 2009 7,663 11.111.16 2010 7.555 11,833.09 2014 7.927 15,873,40 2019 7.945 21,292.52 1. Download the relevant data (PDF file). Find Number of Funds and Total Net Assets in 2021. 2. Copy the most recent data of the two required variables of 2021 and the data in 2019 from Table 17-1 to a spreadsheet and include needed calculations. Prepare written 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? TABLE 17-1 Growth of Mutual Fund Industry, 1940-2019 Year Number of Funds 1940 Total Net Assets 68 1950 $ 0.45 98 2.53 1960 161 17.03 1970 361 47.62 1980 564 134.76 1990 3,079 1,065.19 1995 5.725 2,811.29 2000 8,154 6,964.31 2005 7,976 8,891.01 2006 8.122 10,397.75 2007 8,040 11,999.51 2008 8,039 9,620.27 2009 7,663 11.111.16 2010 7.555 11,833.09 2014 7.927 15,873,40 2019 7.945 21,292.52