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As of 2019, Capital Group had 36 mutual funds, which operate under their American Funds banner and had about US$1.9 trillion under management. [25] Growth Fund of America, founded in 1973, was the largest actively-managed fund as of 2020 with around $150 billion.
American Funds Gro A $ 86,400.20 19 Vanguard Wellington Adm $ 86,160.60 20 American Funds Inc A $ 72,054.90 21 Vanguard Tot I S Adm $ 70,233.60 22 Vanguard Dev Mkt ETF $ 70,070.50 23 Dodge & Cox Stock $ 69,989.20 24 Invesco QQQ Trust 1 $ 68,001.90 25 Vanguard Tot Bd II Inst $ 67,996.40
List of US mutual funds by assets under management; 0–9. 2003 mutual fund scandal; A. Amana Mutual Funds Trust; American International Corporation; Ave Maria Mutual ...
A mutual fund is a type of pooled investment fund in which many people own shares. Mutual funds invest in many different companies, and some even invest in the entire stock market.
Through mutual funds and ETFs, total market index funds allow investors to purchase a basket of stocks that track an index focused on the overall U.S. stock market or markets around the world ...
A mutual fund is an investment fund that pools money from many investors to purchase securities.The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.
The following is a limited list of mutual-fund families in the United States. A family of mutual funds is a group of funds that are marketed under one or more brand names , usually having the same distributor (the company which handles selling and redeeming shares of the fund in transactions with investors), and investment advisor (which is ...
Its current manager is William Danoff, who has headed the fund since 1990. Contrafund's AUM ( assets under management ) as of July 2015 total over 112 billion USD . As of 2015 Contrafund was the second-largest actively-managed mutual fund in the US by assets, after AGTHX (Growth Fund of America, managed by American Funds ), and was the largest ...
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