ICI


Also found in: Dictionary, Acronyms, Encyclopedia, Wikipedia.

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.

ICI

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 ?
Blue Acorn iCi carries more than a decade-long track record for utilising data and analytics to design and build industry-leading digital content and commerce experiences
The idea was sparked when Billingham ward councillor Chris Barlow picked up an old ICI magazine he found whilst waiting for a meeting.
This expansion project exemplifies ICI Pakistan Ltd ongoing pursuit of growth for the benefit of our stakeholders and customers, in line with our brand promise of Cultivating Growth.'
The informal meeting, which saw the participation of medium-level commanders, academics and representatives from the ICI and Nato countries, also discussed preparations for Nato's June summit in the Belgian capital Brussels.
ICI Pakistan Limited is a Pakistani manufacturing and trading company with a particular focus on Life Sciences, including Animal Health, Seeds and Pharmaceuticals.
The transaction is expected to be completed towards the end of this year, once regulatory approvals have been obtained and the purchaser has completed a legally required tender offer for at least 50 percent of the shares in ICI Pakistan held by the other shareholders.
AkzoNobel has reached an agreement to sell its 75.81% shareholding in ICI Pakistan Limited to the Yunus Brothers Group for $152.5 million ([euro]124.4 million).
30 July 2012 - Dutch chemicals company AkzoNobel NV (AMS:AKZA) said on Monday it had agreed to sell its 75.81% ownership in ICI Pakistan Limited to Pakistani industrial conglomerate Yunus Brothers Group for about USD152.5m (EUR124m).
The Investment Company Institute (ICI) released in late October its official survey of the mutual fund and exchange traded funds (ETFs) industries.
A pounds 1BN markdown on Dulux paints giant ICI sent its new Dutch owner crashing into the red yesterday.
of Cleveland, which you might know as ICI Paints or ICI Packaging Coatings.
Summary: The Middle East will be a key area of growth in the international paint market, according to executives from ICI Dulux.