Mutual funds: do you know what’s in your portfolio? :: exploreClarion.com

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CLARION, PA (EYT) – Michael Patton, Patton Financial Advising, submitted the following article: Mutual funds: do you know what’s in your portfolio?

An estimated 102.5 million investors — representing nearly 46% of U.S. households — owned mutual funds at the end of 2020 (latest data). These retail investors held about 89% of the $23.9 trillion in assets invested in mutual fund companies in the United States.(1)

Mutual funds offer a convenient way to participate in a wide range of trading activity that would be difficult for most investors to obtain by buying individual securities. With nearly 7,500 funds available in the US market, you should be able to find suitable investments to pursue your goals.(2) However, it is important to periodically review the composition of the funds you hold.

Read the full article here: https://www.pattonadvising.com/Mutual-Funds-Do-You-Know-Whats-in-Your-Portfolio.c9865.htm

Patton Financial Advisor
51 N. 4th Avenue
Clarion, PA 16214
814-226-9400
Toll Free 1-877-547-2751

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Visit website: www.pattonadvising.com

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