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How significant are mutual funds to U.S. households’ financial holdings?

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How significant are mutual funds to U.S. households’ financial holdings?

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Mutual funds represented a significant component of many U.S. households’ financial holdings in 2008. Among households owning mutual funds, the median amount invested in mutual funds was $100,000. Mutual fund holdings represented more than half of household financial assets for 69 percent of households that owned mutual funds.

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