BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following countries has the largest Mutual Fund market in the World?
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USA
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Japan
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China
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Brazil
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Explanation:
Detailed explanation-1: -Q. Which of the following countries has the largest Mutual Fund market in the World? Notes: The country with the largest mutual fund industry is United States. It has an amount of $18.9 trillion.
Detailed explanation-2: -With a whopping USD 26.96 trillion in total net assets, the US mutual fund industry remained the largest in the world in 2021. The United States accounted for almost more than 40% of the global mutual fund market.
Detailed explanation-3: -The United States has a very large mutual fund market. There are literally hundreds of different fund families and thousands of individual funds available, and all of them are vying for your investment dollars.
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