The Investment Company Institute is the national association of investment companies in the United States. The association includes mutual funds, closed-end funds, exchange-traded funds, and unit investment trusts. ICI endeavors to follow high ethical standards, promote public understanding, and advance the interests of funds, their shareholders, directors, and investment advisers. Following the aforementioned objectives is essential to the organization of principles for the various activities that ICI participates in on behalf of their shareholders. The institute has long worked to guide fund industry support for efficient regulation and solid fiduciary practices. ICI has a history of pursuing and assisting to secure an array of public policy objectives. Some of the initiative taken by ICI have been to promote the role of fund directors, participate in securities market initiatives, increase tax-deferred savings opportunities, and ensuring fair tax treatment for fund investors. For more information on ICI, its mission, history, statistics, key issues, and more, visit the website.