There are more than 2,800 ETFs. The proliferation of ETF choices means that investors can gain market exposure in a variety of new and sometimes complex ways. The return and principal value of stocks, ETFs, and mutual funds fluctuate with changes in market conditions. Shares, when sold, may be worth more or less than their original cost. Mutual funds and ETFs are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the investment company, can be obtained from your financial professional. Be sure to read the prospectus carefully before deciding whether to invest. Total asset ETFs mutual funds Source: Investment Company Institute, 2023 (data as of January 2023) U.S. investors still hold more money in mutual funds than they do in ETFs. A Tale of Two Funds Mutual funds $6.9 trillion ETFs $23.1 trillion
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