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Investment Company Institute (ICI)

A national industry group of investment companies, including mutual funds, founded in 1940.

Investment Company Institute

An association for mutual funds in the United States. Membership is limited to open-end investment companies, closed-end investment companies, unit investment trusts, exchange-traded funds, and individuals associated with them. Its goals are to establish and enforce ethical practices among members, to lobby policymakers on behalf of the industry, and to educate the public about mutual funds and other investment companies. It was established in 1940.


Investment Company Institute (ICI).

The Investment Company Institute is an association of US mutual fund companies.

ICI membership is open to all US open- and closed-end investment companies, as well as their investment advisers and underwriters. Each year, ICI publishes the Fact Book, a comprehensive review of the mutual fund industry.

ICI's goals are to maintain ethical standards in the fund industry, advance the interests of funds and their shareholders, and educate the public about mutual funds and other investment companies.

References in periodicals archive ?
More than 200 members of ICI Wilton's St John Ambulance Association |were presented with first aid awards at the Marton Hotel And Country Club.
Although once employing more than 30,000 staff in the North-East, mainly on Teesside, ICI now only has around 80 employees in the region, based at the Hammerite paint plant in Prudhoe in Northumberland.
WORKS HEYDAY: Children of ICI employees in Huddersfield visit a pantomime at the town's former Palace Theatre in 1953 (left) and (above) ICI workers travel in a lorry during a bus strike in 1949; COLOUR PRODUCTION: Mrs D Couchman packs dyestuff crystals at ICI's Dalton Works in 1949
ICI said there was no certainty that the latest approach would lead to an offer being made for the business.
A statement from ICI said: "The board of ICI considered this revised proposal and unanimously rejected it on the grounds that it failed to recognise the full strategic value of ICI.
In addition, as part of this partnership, ICI Paints will participate in MLS' Futbolito event, MLS' official amateur soccer tournament.
Space or ocean activity does not include (1) any activity giving rise to transportation income (which is governed by section 863(c)), (2) any activity with respect to mineral or other natural deposits located within the jurisdiction of the United States or any country (as recognized by the United States), or (3) any activity giving rise to ICI as defined in Prop.
Mr Frank Ramsay, TGWU district officer (fourth left) and Mr Gordon Ibbotson (second left) chairman of the Billingham ICI branch, attended a ceremony at the Smiths Arms, Billingham, to present engraved tankards to (left to right) Mr Maurice Pinkney, Mr Frank Hookey, Mr Denis Bloom and Mr Dave Hyslop
ICI, which still employs 150 people in Northumberland, agreed to the move after Akzo, the maker of Crown paints, tabled a revised 670p a share offer, valuing ICI at pounds 8bn.
Akzo said ICI - which owns Birminghambased ICI Packaging Coatings - had rejected the new 650p a share proposal because it failed to reflect the full value of the company.
In the news release, Dix & Eaton Adds Nine Clients, issued Friday, February 4 by Dix & Eaton over PR Newswire, we are advised by the company that some of the information in the paragraph describing ICI Paints was incorrect due to an error by Dix & Eaton.
21, ICI officially announced the retirement of chairman Lord Alexander Trotwood and the appointment of deputy chairman Peter Ellwood, a succession that had originally been made public in June.