Foundations for Fund Directors^®
March 2–3
Los Angeles

Frequently Asked Questions

The following FAQs applied.

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 February. The in-person training will take place March 2–3 at Western Asset Management Company, 385 East Colorado Boulevard, Pasadena, CA 91101.

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. The online training 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 online training, program participants will apply their knowledge during the interactive, in-person session to real-world scenarios and case studies.

HOW DO I DETERMINE IF I AM ELIGIBLE TO REGISTER?

Registration for this program is open only to directors of ICI member funds. If you are uncertain of your status or the status of your firm’s membership, please contact the ICI Conference Division at 202-326-5968 or conferences@ici.org.

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 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?

Yes, but there is only one more for 2020; it will be held September 16–17 in Washington, DC. For more information, please visit the IDC website.

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?

CPE credits are available for the in-person session only. Upon completion of the course you will earn approximately 10 CPE credits. Please visit the CPE credits page for more information.

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?

If you have questions about registration, please contact the ICI Conference Division at 202-326-5968 or conferences@ici.org. For program questions, please contact Annette Capretta at acapretta@ici.org.