A Brief History Of The Mutual Fund

The ubiquitous mutual fund has been around longer than most people know. With thousands of funds available, take a closer look at where they've come from and where they may go.

A Brief History Of The Mutual Fund: "Mutual funds really captured the public's attention in the 1980s and '90s when mutual fund investment hit record highs and investors saw incredible returns. However, the idea of pooling assets for investment purposes has been around for a long time. Here we look at the evolution of this investment vehicle, from its beginnings in the Netherlands in the eighteenth century to its present status as a growing, international industry with fund holdings accounting for trillions of dollars in the United States alone." Read more of this guest article.