# kaal:claim:2811729-019

**Claim.** Unconstrained mutual funds are proliferating at a significant rate, growing steadily since 2007, with the overall trend between 2010 and 2015 showing a steady increase in launches.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- fund inception data for the sample of 84 unconstrained mutual funds

**Source quote.**

> UMFs are proliferating at a significant rate. Figure 2 demonstrates that since 2007 the number of UMFs has grown at a steady pace. Although 2012 was a weaker year for UMF formation, the overall trend between 2010 and 2015 shows a steady increase in the launch of UMFs.

**From.** Wulf A. Kaal, *Unconstrained Mutual Funds and Retail Investor Protection* (2016), IV. Data, page 35

**Cite as.** Wulf A. Kaal, Unconstrained Mutual Funds and Retail Investor Protection (2016). SSRN: https://ssrn.com/abstract=2811729

**Verify.** sha256 of source PDF `0877b0a076f2614559cb0b1a736f73401cecbee7cfe014da6e36709208e92a74` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Anderson%20-%202016%20-%20Unconstrained%20Mutual%20Funds%20and%20Retail%20Investor%20Protection.pdf

**Topics.** empirical-evidence, private-funds

**Keywords.** fund-launches, proliferation, empirical-data, unconstrained-mutual-funds

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.