SPARK Institute & ICI Release Revised Sample Investment Terms Glossary for Retirement Plan Participant Disclosure

SPARK Institute and the Investment Company Institute today released a new version of the “Sample Glossary of Investment-Related Terms for Disclosures to Retirement Plan Participants” that the organizations originally issued in December 2011. The new Version 1.01 contains revisions to the use of the term “Cash Equivalent” and the definition of “Market Capitalization or Market Cap.”

SPARK Institute and ICI may release additional revisions to the glossary periodically, but has no other revisions planned at this time. General inquiries and questions about the glossary should be submitted to

SPARK Institute represents the interests of a broad based cross section of retirement plan service providers and investment managers, including banks, mutual fund companies, insurance companies, third party administrators, trade clearing firms and benefits consultants. Through the combined expertise of its member companies, the Institute provides research, education, testimony and comments on pending legislative and regulatory issues to members of Congress and relevant Government agency officials. Collectively, its members serve approximately 70 million participants in 401(k) and other defined contribution plans.

The Investment Company Institute is the national association of U.S. investment companies, including mutual funds, closed-end funds, exchange-traded funds (ETFs), and unit investment trusts (UITs). ICI seeks to encourage adherence to high ethical standards, promote public understanding, and otherwise advance the interests of funds, their shareholders, directors, and advisers. Members of ICI manage total assets of $12.98 trillion and serve over 90 million shareholders.

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