Commission officials said 21 million Americans have about $400 billion invested in such funds.

These taxes increase the cost of investing in mutual funds.

A second $1 million raised for the effort will soon be invested in funds run by local and other venture firms.

They will continue to be able to invest in mutual funds.

Then they found a financial planner to help them invest in mutual funds.

So around that time everybody wanted to invest in short funds.

Too bad the 91 million ordinary Americans who invest in funds can't get the same deal.

Most people would be much better off investing the book's $23 retail price in mutual funds.

The question is not, Should we invest in hedge funds?

By 2006, 8.47 percent of American households could invest in hedge funds.