Daniel Schrass

Oct 31, 2024 | ici.org | Sarah Holden |Daniel Schrass |Professor Michael Bogdan

Over the past year, 2.3 million more US households became mutual fund investors. Surprised? Despite headlines forecasting the demise of the mutual fund, the product continues to garner new investors, even a century after its creation. That’s because the investment pie keeps growing larger as more Americans take a seat at the table.

Aug 1, 2024 | ici.org | Steven Bass |Professor Michael Bogdan |Adam AspinallKatie Sands |Daniel Schrass

With more than $25 trillion in assets, IRAs, 401(k)s, and similar retirement accounts are a growing source of financial security for everyday Americans. Balances in these accounts have climbed to or near record highs, helping the average long-term saver build a meaningful nest egg.

Sep 22, 2023 | ici.org | Sarah Holden |Daniel Schrass

Like the products themselves, exchange-traded fund (ETF) and mutual fund investors share many commonalities. In fact, most ETF-owning households also own mutual funds, using both vehicles to achieve similar goals. However, recent ICI survey data shed light on some important differences in the profiles of ETF and mutual fund owners and their implications for the investment industry. ETF and mutual fund owners differ in their risk appetites, according to the survey responses.