Salary Range
$50,000 to $100,000+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. In 2018, nearly 45 percent of U.S. households owned U.S.-registered mutual funds, with a median of four mutual funds owned per household, as reported in the 2019 Investment Company Fact Book. The U.S. invested $2.1 trillion in regulated open-end funds in 2018. Portfolio managers are also known as fund managers and investment managers.
Minimum Education Level
Bachelor's DegreeCertification/License
RequiredOutlook
About as Fast as the AveragePersonality Traits
Enterprising
Hands On
Outgoing
Career Ladder
Mutual Fund Company Owner
Senior Portfolio Manager
Portfolio Manager
Research Analyst
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