Investment Company Institute (ICI)
Founded in 1940, the Investment Company Institute, based in Washington, D.C., is the national trade association of U.S. investment companies, which includes mutual funds, closed-end funds, exchange-traded funds and unit investment trusts.

Investopedia Says:
The ICI encourages high ethical standards for all industry participants, advances the interests of its members, promotes public understanding of the fund industry and undertakes statistical studies and research on matters related to the fund business. The ICI publishes an annual "Fact Book" in May. It provides a comprehensive review of trends, activities and statistics on mutual funds, exchange-traded funds and closed-end funds.

Related Terms:
Closed-End Investment
Exchange-Traded Fund - ETF
Mutual Fund
Unit Investment Trust - UIT

• Non-Client Order
• Noncommercial Trader
• Non-Competitive Tender
• Nonconforming Mortgage
• Non-Contestability Clause
• Nonconvertible Currency
• Noncumulative
• Non-Deliverable Forward (NDF)
• Non-Deliverable Forward (NDF)
• Non-Deliverable Swap (NDS)
• Non-Deliverable Swap (NDS)
• Non-Directed Order
• Nondischargeable Debt
• Non-Disclosure Agreement (NDA)
• Non-Disclosure Agreement (NDA)
• Nondiscrimination Rule
• Nonelective Contribution
• Non-Equity Option
• Non-Farm Payroll
• Non-Financial Asset
• Non-Fluctuating
• Nonforfeiture Clause
• Non-Interest-Bearing Current Liability (NIBCL)
• Non-Interest-Bearing Current Liability (NIBCL)
• Non-Marginable Securities