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Mutual Fund Portfolio Managers

Overview

Mutual funds are investment pools of common stocks, bonds, cash, or a combination of all three. They are sold to the public through the sale of shares representing an ownership interest. Portfolio managers oversee mutual funds using active or passive management strategies, with an overall goal of earning strong returns for investors and profits for their employer. Retail investors (i.e., households) held 89 percent of the nearly $16 trillion mutual fund assets in the U.S. at the end of 2015. Institutional investors (i.e., financial institutions, nonprofit organizations, and nonfinancial businesses) held 11 percent of assets. Portfolio managers are also known as fund managers and investment managers.

Salary Range

$50,000 to $100,000+

Minimum Education Level

Bachelor's Degree

Certification/License

Required

Outlook

Much Faster than the Average
Personality Traits

Enterprising

Hands On

Outgoing

Career Ladder
Mutual Fund Company Owner

Senior Portfolio Manager

Portfolio Manager

Research Analyst