Fiscal Network is the Internet network for stocks and mutual fund investors. Our fiscal exchange grants investors access to a streamlined platform of investing information and resources like stock brokers, mutual fund companies, and other stock trading tools. We aim to combine our assets and services with like minded finance companies interesting in expanding markets and increasing shareholder value.
Fiscal Network is developing an online exchange of transparent investment platforms based on similar principles that make up mutual and exchange traded funds. Investors are best served by compounding their interests with those of their partners. Namely, other investors, banks, investment firms and other financial institutions.While many people argue that mutual funds are outdated as investments, they are still one of the most popular investment opportunities, and statistics show that the industry is worth more than $11.6 trillion. While anyone looking to invest in mutual funds should consider researching more than the size and value of their investment, the following include the largest mutual funds in the world as of early 2014. If you’re planning on investing in mutual funds, make sure you research the types (Managed vs. unmanaged) the company, the company investments, and the returns. Just because a company is big does not necessarily mean that it is best for your needs. Finally, the largest mutual funds companies may change as the market, and the company assets, change so this list is not static.
Vanguard: Vanguard is currently the largest mutual fund in the world at some $2 trillion in assets. The company offers two types of bonds with a $3,000 and a $10,000 minimum, with expenses of 0.17% and 0.05%. The bond is different enough to stand out to investors, which is perhaps why it’s currently the largest in the world. Vanguards main advantage is that they keep investor costs low, and offer exposure to mid and small size cap companies that the S&P 500 does not. Their Total Bond Market Index is another popular mutual fund from the company that is even more inexpensive with a shorter bond.Pimco: With 247 billion in assets, Pimco held the status as the worlds largest mutual fund all the way up until November of 2014, when it lost 37 billion in assets, allowing Vanguard to take the lead. Pimco Total Return is run by Bill Gross, who has an extremely good track record and very capable management. However, Pimco’s value dropped by about 1.9% over 2013, and could continue to do so as more investors pull out in 2014. Pimco has over 1.97 trillion in assets, but because many of their assets are not ‘mutual funds’ they are not the largest company.
Fidelity: Fidelity is a mostly American mutual funds company with investments covering short term (10 year)bonds in domestic and foreign equities. Fidelity is estimated to have some 1.7 trillion as of late 2013 and has been operational since 1946. The company offers a number of bonds, mostly focusing on domestic technology and electrical investments for larger scale companies, with very little exposure to low cap companies.
American Funds: American Funds has always been one of the largest mutual funds companies in the U.S., and also in the world. Their Growth Fund of America is an actively managed fund that invests in common stocks. The short 10 year term makes it excellent for anyone who wants a faster return. American Funds also has another prestigious fund in the form of the EuroPacific Growth, which heavily invests in emerging markets and companies. American Funds is listed as the third largest mutual funds group in the world, just behind Vanguard and Fidelity, at some 1 trillion in assets.