ISTIFInstitute of Scientific and Technological Information (China)
References in periodicals archive ?
The settlement agreement addresses both of these findings by requiring Invesco to regularly disclose to ERISA plan investors the ISTIFs holdings, its actual market value, and the existence of any supporting measures used to bolster the ISTIFs net asset value.
One measure Invesco took was having an affiliate enter a series of support agreements to provide contingent financial support to the ISTIF without adequately informing the fund's investors, DOL states.
"Invesco also retained a portion of the income earned by the ISTIF to increase the fund's net asset value instead of distributing that income to investors.