Wednesday, December 29, 2010

Investment Company Institute

The Investment Company Institute or ICI is a national association in the US that represents the investment company industry; its members include sponsors of mutual funds, ETFs, closed-end funds, and unit investment trusts. The ICI was founded in 1940 and is based in Washington, D.C. The ICI sets ethical standards, advances the interests of its members, promotes public awareness and understanding of the fund industry, and maintains statistical databases, research and study on issues in the fund management business. The ICI publishes an annual fact book, which includes a review of trends, activities and statistics on the industry and its participants.

Synonyms: ICI

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