Foundations for Fund Directors® FAQs
Frequently Asked Questions
WHAT TYPE OF TRAINING IS INVOLVED IN FOUNDATIONS FOR FUND DIRECTORS?
Foundations for Fund Directors consists of two parts, both conducted online: (i) the individual online course, which should be completed before the live group session; and (ii) the live group session, which will take place on June 24–25.
WHAT IS THE DIFFERENCE BETWEEN THE INDIVIDUAL COURSE AND THE LIVE GROUP SESSION?
The individual training course takes one to two hours to complete and gives a high-level overview of the fund industry and directors’ responsibilities through a series of modules on the following topics:
- guiding principles of fund governance, including a director’s independence and fiduciary responsibility to promote the interests of shareholders;
- a review of two of independent fund directors’ most important responsibilities: the advisory contract renewal process, and oversight of investment management and performance; and
- four select areas of board oversight: fair valuation, liquidity, compliance, and risk management.
After completing the individual training, program participants will apply their knowledge to real-world scenarios and case studies during the interactive, live group session.
HOW DO I DETERMINE IF I AM ELIGIBLE TO REGISTER?
MAY I PARTICIPATE IN THE INDIVIDUAL TRAINING OR LIVE GROUP SESSION ONLY?
No. Foundations for Fund Directors is a single program with two components. One price covers registration for both components.
HOW DO I ACCESS THE INDIVIDUAL TRAINING MATERIALS?
The individual training will be accessible through larger-format digital devices, including tablets, laptops, and desktop computers. We will email you detailed instructions when you are eligible to log in.
IS THERE A DEADLINE TO REGISTER FOR THE PROGRAM?
No, but space is limited. Anyone who registers after we reach capacity will be placed on a waitlist. We will contact you if space becomes available. If no space becomes available, you will be given priority to register for the next session.
WILL FOUNDATIONS FOR FUND DIRECTORS BE OFFERED AGAIN?
There will be an additional session in 2021, currently scheduled for September 13–14.
HOW DO I COMPLETE MY PAYMENT WITH CHECK?
Registration with check payment is available online. For payment, select check as your payment method.
Checks and money orders should be sent to:
Investment Company Institute
PO Box 759456
Baltimore, MD 21275-9456
If you are mailing by an express carrier, please return to:
Investment Company Institute
7175 Columbia Gateway Drive
Columbia, MD 21046
Attn: Lockbox 759456
Check or money order payments are due five days before the start of the conference. If payment is not received before the start of the conference, your registration will be cancelled.
ARE CLE AND CPE CREDITS AVAILABLE?
Yes, upon completion of the course you will earn approximately seven CPE credits. Please visit the CPE credits page for more information.
WHAT IS A LIVE GROUP SESSION?
IDC wants to continue our tradition of providing the director community with “hands-on” training. The June 2021 session will be done exclusively online. The group training presentations will be streamed live with our facilitators and IDC team so you can learn from the comfort of your own office or home. If you have wanted to attend a Foundations for Fund Directors event in the past, but were unable to do so, now is your chance!
What are the technical requirements to be able to participate?
- Laptop or personal computer
- Strong, reliable Wi-Fi connection
- Google Chrome is strongly recommended to run Zoom, the virtual conference platform
WILL I BE ABLE TO ASK QUESTIONS AND PARTICIPATE JUST AS I WOULD IN PERSON?
Yes. Our live group session will be conducted in a small group where you may interact with each other and ask questions throughout the training. There will be smaller discussion sessions as well that everyone can participate in.
WILL I STILL GET A CERTIFICATE OF COMPLETION AFTER THE LIVE GROUP SESSION?
Yes, we will email certificates of completion to everyone at the conclusion of the training.
WHAT HAPPENS IF I HAVE A TECHNICAL ISSUE DURING THE EVENT OR WITH THE ZOOM PLATFORM?
IS FOUNDATIONS FOR FUND DIRECTORS OPEN TO THE MEDIA?
No, the training and its events are closed to the media.
WHOM DO I CONTACT IF I HAVE ADDITIONAL QUESTIONS?