Mutual fund shareholders are more likely than all Americans to have Internet access, according to a new report from the Investment Company Institute of Washington. In 2005, 88% of mutual fund shareholders had access to the Web, compared to 79% of all Americans. This is up from 2000, when 68% of mutual fund shareholders had access to the Web, versus 57% of all Americans.
Mutual fund shareholders also use the Internet often, according to the ICI. About 66% go online at least once a day and nearly 25% once a week or more. Only 10% with Internet access go online once a week or not at all.