U.S. household ownership of mutual funds continues to increase

Other findings from the report include:

• "More seasoned" mutual fund investors gave higher favorability ratings compared to younger investors. In addition, mutual funds' favorability among households purchasing funds prior to 1990 was 77 percent, compared with 67 percent among households purchasing funds in 2000 or later.
• The performance of an owner's investments continued to have the most influence over his/her opinions of the fund industry overall-with seven in 10 owners indicating that fund performance was a "very" important factor of the many factors that shaped their opinions.
• Most U.S. mutual fund shareholders had moderate incomes and were in their peak earning and saving years. About three in five households owning mutual funds had incomes between $25,000 and $99,999, and about two-thirds were headed by individuals between the ages of 35 and 64.
• About twice as many U.S. households owned mutual funds through retirement-related accounts as owned funds outside such accounts.
• More than nine in 10 mutual fund owners reported having Internet access. Among that group, eight in 10 used the Internet for financial purposes