According to The Economist, the global fund business is a $64 trillion business. Morningstar reports that there are approximately 114,000 mutual funds worldwide – and that number continues to grow. The Investment Company Institute reports a 1,196 percent increase in U.S. fund investors since 1980, currently at 55 million.
Fund.com (OTCBB: FNDM), recently featured in EQUITIES magazine, is taking advantage of the booming fund community by publishing information about various channels of pooled investment opportunities via the Internet. The company’s online location was designed to connect individual investors with providers of investment and related funds. The company likens its business model to that of LendingTree.com and CreditCards.com.
As fund providers continue to roll out new products and ideas, making a selection can be daunting. The need for transparent and credible market information is essential to making the right investment decisions. Fund.com looks to address these issues and provide a solution through its online portal.
The company’s experienced management team and founders are recognized Internet entrepreneurs with experience at financial institutions like HSBC, Bank of New York and Morgan Stanley, and have been featured in various publications.
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