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840. Household Ownership of Mutual Funds, by Age and Income

[In percent. Includes money market, stock, bond and hybrid, variable annuity, IRA, Keogh and employer-sponsored retirement plan fund owners. An estimated 44,400,000 households own mutual funds. Based on a sample survey of 3,000 households; for details, see source]

 
1998 1999
Age of Households owning Households owning
household head All mutual funds All mutual funds
and households, households,
household percent Percent Percent percent Percent Percent
income distri- distri- of all distri- distri- of all
bution bution households bution bution households
 
  Total 100 100 44 100 100 47
 
Less than 25 years old 5 3 24 5 3 28
25 to 34 years old 20 18 42 19 19 47
35 to 44 years old 22 26 52 23 27 55
45 to 54 years old 18 22 53 19 23 58
55 to 64 years old 13 15 51 13 13 50
65 years old and over 22 16 31 21 15 34
 
Less than $25,000 27 9 13 24 8 15
$25,000 to $34,999 17 11 28 15 9 30
$35,000 to $49,999 17 19 47 18 18 49
$50,000 to $74,999 22 31 62 22 30 62
$75,000 to $99,999 8 14 72 10 16 78
$100,000 and over 9 16 77 11 19 78


Source: Investment Company Institute, Washington, DC, Fundamentals, Investment Company Institute Research in Brief, Vol. 8, Nos. 1 and 5, March and September 1999 (copyright).

http://www.ici.org/



https://allcountries.org/uscensus/840_household_ownership_of_mutual_funds_by.html

These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.

Copyright © 2006 Photius Coutsoukis and Information Technology Associates, all rights reserved.