Post by roi2020 on Sept 22, 2022 19:08:12 GMT
"According to PitchBook, the number of unicorns, or private companies valued over $1 billion, has ballooned from 39 in 2013 to more than 1,200 as of September 2022. And while mutual fund investment in these companies has resulted in its share of success stories, it has also yielded disappointments."
"This update of Morningstar’s original 2016 'Unicorn Hunting' report assesses the historical trends of U.S.-domiciled open-end diversified U.S. equity mutual fund ownership of private-firm equities between Jan. 1, 2007, and June 30, 2022.
It excludes exchange-traded funds and funds of funds."
Link
"This update of Morningstar’s original 2016 'Unicorn Hunting' report assesses the historical trends of U.S.-domiciled open-end diversified U.S. equity mutual fund ownership of private-firm equities between Jan. 1, 2007, and June 30, 2022.
It excludes exchange-traded funds and funds of funds."
Link