The data describes the share of households owning mutual funds in the U.S. from 1980 to 2017. In 2017, 44.5percent of the households in the U.S. owned mutual funds.
Mutual funds
A mutual fund is a variety of collective investment vehicle, managed professionally that pools money from many investors in order to purchase securities. They play an important role in household finances in the USA today, most notably in retirement planning. It is commonly applied only to the forms of collective investment that are regulated and are sold to the public at large.
