Foundations for Fund Directors®
January 10–11, 2018
Frequently Asked Questions
The following FAQs applied to the Foundations for Fund Directors in January 2018.
WHAT TYPE OF TRAINING IS INVOLVED IN FOUNDATIONS FOR FUND DIRECTORS?
Foundations for Fund Directors consists of two parts: online and in-person training. The online training will be available beginning in December. The in-person training will take place January 10–11, 2018, at the UCLA Meyer & Renee Luskin Conference Center on the campus of UCLA.
WHAT IS THE DIFFERENCE BETWEEN THE ONLINE TRAINING AND THE IN-PERSON SESSION?
The online training course is a prerequisite for the in-person session. It will give 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 duties 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 online training, program participants will apply their knowledge to real-world scenarios and case studies during the interactive, in-person session.
HOW DO I DETERMINE IF I AM ELIGIBLE TO REGISTER?
Registration for this program is open only to independent directors of ICI member funds. The program is designed for newer independent directors (those with up to three years of experience). If you are uncertain of your status or the status of your firm’s membership, please contact the ICI Conference Division to clarify.
MAY I PARTICIPATE IN JUST THE ONLINE TRAINING OR IN-PERSON TRAINING ONLY?
No. Foundations for Fund Directors is a single program with two components. One price covers registration for both components. The online training is a prerequisite for the in-person session.
HOW DO I ACCESS THE ONLINE TRAINING MATERIALS?
The online training will be accessible through larger-format digital devices, including tablets, laptops, and desktop computers. We will email you detailed instructions when it is available.
IS THERE A DEADLINE TO REGISTER FOR THE PROGRAM?
No, but space is limited to 30 participants. 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, which we will schedule shortly.
WILL FOUNDATIONS FOR FUND DIRECTORS BE OFFERED AGAIN?
Yes. We plan to offer additional in-person sessions in 2018 at locations throughout the country.
ARE CLE AND CPE CREDITS AVAILABLE?
No, CLE and CPE credits are not available.
IS FOUNDATIONS FOR FUND DIRECTORS OPEN TO THE MEDIA?
No, the training and its events are closed to the media.
HOW LONG WILL I HAVE ACCESS TO THE ONLINE COURSE?
You will have access to the online course for one year.
WHOM DO I CONTACT IF I HAVE ADDITIONAL QUESTIONS?
If you have questions about registration, please contact the ICI Conference Division at 202-326-5968 or firstname.lastname@example.org. If you have questions about the program, please contact IDC Managing Director Amy Lancellotta at 202-326-5824 or email@example.com.