Study Finds One-Third Drop in Total Cost of Stock Fund Ownership Since 1980 Washington, DC, November 16, 1998 - The total cost of investing in equity mutual funds has decreased by more than one-third between 1980 and 1997, according to a new study published by the Investment Company...
Institute Economist Discusses Fund Fees Washington, DC, November 16, 1998 - At a conference today addressing economic developments and issues in the mutual fund industry, Investment Company Institute Chief Economist John Rea presented the results of research on trends in the ownership...
November 9, 1998 Mr. Jonathan G. Katz Secretary Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Re: Reproposed Amendments to Broker-Dealer Books and Records Requirements (File No. S7-26-98) Dear Mr. Katz: The Investment Company Institute 1 appreciates...
By Hand October 7, 1998 Internal Revenue Service CC:DOM:CORP:R Courier’s Desk 1111 Constitution Avenue, N.W. Washington, DC 20044 Re: Announcement 98-62 Ladies and Gentlemen: I am writing on behalf of the Investment Company Institute (the "Institute") 1 to comment on the issues raised...
September 30, 1998 Mr. Jonathan G. Katz Secretary Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Re: Temporary Exemption for Certain Investment Advisers (File No. S7-22-98) Dear Mr. Katz: The Investment Company Institute 1 is pleased to respond to the...
Majority of Mutual Fund Shareholders Own Stock Mutual Funds that Have Lower Fees than Industry Average Washintgon, DC, September 29, 1998 - A substantial majority of investors own stock mutual funds that charge lower fees than the industry average, Investment Company Institute...
Institute President Discusses Fund Fees Washington, DC, September 28, 1998 – At a press briefing via conference call, Investment Company Institute President Matthew P. Fink discussed competition in the mutual fund industry and the role fees play in mutual fund investment decisions...
September 24, 1998 Mr. Jonathan G. Katz Secretary Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Re: Proposed Rule Change by NASD Relating to Supervision of Correspondence (File No. SR-NASD-98-52) Dear Mr. Katz: The Investment Company Institute...
