The document summarizes the five major phyla of fungi: 1) Chytrids, which are the only fungi with flagellated cells and mostly live in water. 2) Zygomycetes, which are terrestrial decomposers with hyphae that lack septa. 3) Glomeromycetes, which form important mycorrhizal relationships with plants. 4) Ascomycetes, which include yeasts, molds, morels and truffles and help digest plant materials. Many form lichens. 5) Basidiomycetes, which include important decomposers and ectomycorrhial fungi and reproduce sexually through mushrooms.