Fund Industry Strongly Supports Efforts to Protect Investors from Overcharges Washington, DC, January 7, 2003 - The following is a statement from Investment Company Institute President Matthew P. Fink on a letter sent by Rep. Michael G. Oxley (R-OH), Chairman of the House Committee on...
Maintaining the Industry’s Reputation and Our Investors’ Confidence in Difficult Times by Paul G. Haaga, Jr. Mr. Haaga was elected Chairman of the Institute in October 2002. The mutual fund industry’s reputation is its most important asset. Strict regulation and the industry’s...
Deadline Nears to Open 529 College Savings Plans in 2002 Free Brochure Outlines Benefits of College Savings Plans Washington, DC, December 18, 2002 - As the end of the year approaches, the Investment Company Institute today reminded investors that in order to claim deductions from...
ICI Endorses Proxy Voting Standards, Proposes Independent Director Oversight Washington, DC, December 6, 2002 - In a letter to the Securities and Exchange Commission commenting on its proxy voting initiative, the Investment Company Institute endorsed a series of regulatory proposals...
“The Promise of Mutual Funds for Asia” by David C. Weinstein Chief of Administration Fidelity Investments Keynote Address 2002 ICI Mutual Funds and Investment Management in Asia Conference November 13, 2002 Singapore Good morning, and thank you, Mary, for that kind introduction. It is...
Institute Reminds Investors to Consider the Effects of Interest Rates on Bond Mutual Funds Like stock mutual funds, bond mutual funds have risks and can make or lose money. Several types of risk, including interest rate risk, can affect the price at which the individual bonds in a...
Half of U.S. Households Own Mutual Funds Washington, DC, October 15, 2002 - Half of all U.S. households and one of every three Americans owned mutual funds as of May 2002, the Investment Company Institute reported today. Institute research shows that 54.2 million, or 49.6 percent, of...
529 College Savings Plans Explained in Investor Awareness Brochure New Brochure Available Free to the Public Washington, DC, October 9, 2002 - What is a 529 plan? How much can be contributed to a 529 plan? What are the tax benefits? Can a grandparent contribute? What if I move to a...
Mutual Fund Costs Decline Between 1998 and 2001 Washington, DC, October 8, 2002 - The shareholder cost of investing in each major type of mutual fund continued to decline between 1998 and 2001, according to updated research published by the Investment Company Institute, the national...
Investment Company Institute Elects New Chairman and Board Members Washington, DC, October 4, 2002 - Paul G. Haaga, Jr., Executive Vice President and Director of Capital Research and Management Company, of Los Angeles, was elected today to a one-year term as Chairman of the Investment...
