ICI Publishes 45th Edition of Investment Company Fact Book

Guide Provides Authoritative Research on Investment Companies

Washington, DC, May 12, 2005 - The Investment Company Institute today released its 2005 Investment Company Fact Book. The latest edition is the standard reference guide on the nation’s investment companies and their shareholders.

“ICI publishes this Fact Book as part of its mission to promote public understanding of funds, fund investing, and fund investors,” said Brian Reid, ICI Chief Economist. “As in the past, the newest edition provides authoritative information on the nation’s mutual funds and other investment companies, the demographic and financial profile of the people who invest in funds, and the role of funds in the nation’s $13 trillion retirement market,” he said.

The Fact Book contains the latest investment company industry statistics and historical trends. Topics examined in the 2005 edition include:

• U.S. household reliance on investment companies;
• investors’ use of financial advisers;
• shareholders’ preference for lower cost funds; and
• the popularity of funds in retirement accounts.

The Investment Company Institute, the national association of the U.S. investment company industry, is an authoritative source of information on the investment company industry, its shareholders and its economics, and the U.S. retirement and education savings markets.