The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:IRA Investors Diversify Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, February 14, 2005

IRA Investors Diversify

Reported by Theresa Sim

IRA investors continue to diversify, and the news looks mixed for funds. According to a new report out by the ICI, 65 percent of IRA-holders held mutual funds.

IRA-holders, however, have slightly decreased their total holdings of funds from a high in 2001. Mutual fund assets as a share of total IRA assets increased steadily from 1981 to 2001, shooting from seven percent to 44 percent. In 2003, however, fund assets were down one percent.

Meanwhile, fund firms are tops when it comes to providing IRA services. Fund companies were the second most popular place to hold traditional IRA accounts in 2004, at thirty percent of all households with IRAs. That's just three percent behind full-service brokerages. For Roth IRAs, 26 percent of IRA-households held their accounts with fund firms -- the same percentage that held their accounts with brokerages.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use