First fund's 85th birthday shows why mutual funds will survive | Seattle Times Newspaper

I did not know this. Sort of trivia, but sure it will be mentioned in some classes.Business & Technology | First fund's 85th birthday shows why mutual funds will survive | Seattle Times Newspaper: "On March 21, 1924, the paperwork to create the first open-end mutual fund — the Massachusetts Investors Trust — was filed; the fund began taking money in July of that year.....Their idea was simple: