Saturday, May 19, 2007

I did not know that...

While most of us know what a mutual fund is, FundSavvy does have a col site and some interesting facts that I sure did not know, for instance on their What are Mutual Funds? page:
"The popularity of mutual funds may be relatively new but not their origin which dates back to 18th century. Holland saw the origination of mutual funds in 1774 as investment trusts before spreading to Anglo-Saxon countries in its current form by 1868."

No comments: