The history of funds is a rich one with many important events shaping the industry we know today.
From the Dutch merchant and broker, Adriaan van Ketwich, forming a trust back in 1774 to the US mutual fund market reaching $16 trillion in assets in 2015. Facts that we touched upon in our Significant Events in Fund History infographic.
In recent times ETFs have been growing increasingly popular, but did you know that the first ever ETFs were issued in 1993? And that in 2015 there were 4,396 ETFs globally?
In 2015 the Federal Reserve raised its short-term policy interest rate target for the first time in over nine years.
Check out these and some other industry defining facts from the ICI Factbook in our Recent Events in Funds History timeline:
Tweet us with what you think is the fund industry’s most historic moment, or leave your thoughts in the comments below.
If you enjoyed this infographic you might be interested in some of our others listed below.