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Investment Company Institute

   Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
Investment Company Institute (ICI)
A national industry group of investment companies, including mutual funds, founded in 1940.

Investment Company Institute (ICI)
A national association for mutual funds, closed-end investment companies, and unit investment trusts. ICI, established in 1940, collects and publishes industry data, represents its members in matters of regulation and taxation, and promotes the interests of the industry and its shareholders.

Investment Company Institute
A professional organization in the United States for investment companies and the persons who work for them. It was established in 1940, around the same time as the passage of the Investment Company Act. The Institute establishes common practices and ethical standards for these professionals, and publishes a Fact Book each year detailing recent trends.

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.



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5 billion, or 41 percent, the Investment Company Institute reported.
The Investment Company Institute trade association is studying a rule that would require all buy and sell orders for a given day to reach funds by 4 p.
In February, NAVA reached an agreement with Info-One's VARDS Data Collection Serto have the service collect standardized data about variable-annuity contracts, much as the Investment Company Institute collects data on mutual funds.
 
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