North America Mutual Fund Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

North America Mutual Fund Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

With $21.3 trillion in total net assets, the US mutual fund industry remained the largest in the world at year-end 2019. A variety of factors influence investor demand for mutual funds, such as funds’ ability to assist investors in achieving their investment objectives. For example, US households rely on equity, bond, and hybrid mutual funds to meet long-term personal financial objectives, such as preparing for retirement. US households, as well as businesses and other institutional investors, use money market funds as cash management tools because they provide a high degree of liquidity and competitive short-term yields.

Canadians are still saddled with some of the world’s most expensive mutual fund fees, even though several lesser-known independent fund companies provide quality active management at a reasonably low cost.

Key Market TrendsMarket Securities Held By Mutual Funds in United States

Mutual Funds account for majority holdings when it comes to investing in domestic financial markets. Historically, mutual funds are one of the largest investors in commercial papers in the United States. Mutual funds demand for the commercial paper came from prime money market funds. But the 2014 SEC rule amendments required the money market fund industry to make substantial changes by October 2016. Consequently, prime money market funds sharply reduced their holdings of commercial paper by year-end 2016. The share of the commercial paper market held by mutual funds was 19%, down from 46% in 2014. By 2017, the share of the commercial paper market held by mutual funds increased to 25% and from then on remained largely unchanged.

Open-End Funds in North American MF Industry

Open-end funds include Mutual funds, ETFs, and institutional funds. The United States the largest holder of open-end funds with 8% share on the number of open-end funds worldwide. The majority of US mutual fund and ETF net assets at year-end 2019 were in long-term funds, with equity funds constituting 58%. Next to the US, Canada has 1.4 trillion USD of net assets in Open-End Funds in 2019 which increased from 1.16 trillion USD in 2018.

Competitive Landscape

The report includes an overview of MF companies operating across North America. We wish to present detailed profiling of a few major companies which cover product offerings, regulations governing them, their headquarters, and financial performance. Currently, some of the major players dominating the market are listed below.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned
 
Vanguard
Fidelity Investments
American Funds
JP Morgan
T. Rowe Price
BlackRock
Goldman Sachs
TIAA Investments
Dimensional Fund Advisors
Invesco
PIMCO
Franklin Templeton
Charles Schwab
MFS
Morgan Stanley*

Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.