ICI Study Examines Economies of Scale in Equity Mutual Funds Washington, DC, December 21, 1999 - The Investment Company Institute, the national association of the American mutual fund industry, has released a new study that examines the relationship between assets of individual equity...
ICI Investor Awareness Video Examines Mutual Fund Fees New York, NY, December 9, 1999 - A new video, Understanding Mutual Fund Fees & Expenses, is now available from the Investment Company Institute as part of its continuing Investment Awareness Series. The 8-minute video is designed...
ICI Stresses Importance of Investor Awareness of Tax Impact on Mutual Fund Returns Washington, DC, October 29, 1999 - In testimony today before a House subcommittee, the Investment Company Institute said it is important that mutual fund investors understand the impact that taxes can...
Nearly Half of American Households Own Equities Investors Tend to be Middle-aged with Moderate Income and Assets, Have Long-term Financial Goals, ‘Buy-and-Hold’ Portfolio Strategy Contacts: Elizabeth Powell (ICI), powell@ici.org, 202/326-5860 John Collins (ICI), collins@ici.org, 202...
ICI Issues Statement on SEC’s Fund Governance Proposals Washington, DC, October 13, 1999 - The following is a statement from Investment Company Institute President Matthew P. Fink on the Securities and Exchange Commission’s announcement today of proposed rules concerning mutual fund...
New Study Profiles Mutual Fund Investors Typical Fund Investor is Middle-aged, Married, and Saving for Retirement Washington DC, September 24, 1999 - The 82.8 million Americans who own mutual funds are, in many respects, a reflection of the U.S. population itself: middle-aged, married...
Study Finds Cost of Owning Mutual Funds Continues to Decline Washington, DC, September 15, 1999 - Shareholder costs of investing in equity mutual funds continued to decline, decreasing 5.6 percent in 1998 and cumulatively by 40 percent since 1980. The cost of investing in bond and...
Securities Industry Outlines Efforts for Smooth Transition Into Year 2000 'Tool Kit' Helps Public Learn About Industry’s Y2K Readiness Contacts: Jack Gribben, President's Council on Year 2000 Conversion, 202/456-7010, john_a._gribben@who.eop.gov Chris Ullman, SEC, 202/942-0020...
SEC Adopts Amendments to Personal Investing Rule Washington, DC, August 25, 1999 - The Securities and Exchange Commission has adopted amendments to Rule 17j-1 under the Investment Company Act of 1940. Rule 17j-1 addresses conflicts of interest that arise from personal investing...
Financial Services Industries Develop 401(k) Fee Disclosure Form New Form to Help Employers Identify, Compare Costs of 401(k) Plans Contacts: Jack Dolan, American Council of Life Insurance, (ACLI): 202-624-2418 Judi McCormick, American Bankers Association, (ABA): 202-663-5479...
