15(c) Board Reporting

A consultative and independent approach to 15(c) reporting and benchmarking

Over two decades of 15(c) reporting experience combining data, nuanced perspective, and a robust independent methodology for peer selection

ISS-Corporate helps boards fulfill their fiduciary duty with comprehensive, independent reporting on fund management fees, fund operating expenses, and investment performance.

We specialize in the 15(c) contract review process, acting solely on behalf of the Funds and the Board.

Our consistently applied methodologies and transparent communication with Fund Management and Boards of Directors ensure the highest level of integrity and allow you to focus on strategic fund oversight.

How we help

Obtain independent analysis to meet 15(c) obligations

Simplify the 15(c) contract renewal process and strengthen fiduciary oversight
Enable fund trustees or directors to access market data for due diligence
Benefit from efficient, cost-effective production of customized 15(c) reports

Leverage comprehensive peer benchmarking intelligence

Get clear, data-driven comparisons of your fund’s expenses and performance —based on peer groups that align with your investment strategy
Understand broader industry trends around fund fees, expenses, and profitability
Obtain consultative focus for unique or esoteric fund types while employing a robust independent methodology for peer selection

Benefit from experienced guidance and dedicated support

Our senior analysts join board meetings to share insights on reports and industry trends
Receive customized presentations tailored to your board’s specific needs and priorities
Stay ahead of the curve with comprehensive research — our research team continuously engages with clients to identify emerging trends and deliver insightful analysis

Experience you can trust

0 +

years of fee and expense benchmarking,
and board reporting expertise

0 +

years of data and analysis integrity

Fulfill fiduciary duties with consultative reporting and trusted benchmarking on fund fees, expenses, and performance.

Our rigorous approach

Our US-based research team combines decades of industry experience covering share class pricing and distribution strategy with a commitment to accuracy and transparency. We:

Monitor the market: Our data team reviews filings daily, ensuring our database represents the most accurate and timely data.
Lead with expertise: Our principals consult with both the industry’s largest and smallest investment companies and present at many board meetings and industry events every year, staying at the forefront of best practices.
Deliver in-depth research: We publish several annual research reports on mutual fund industry fee and expense benchmarking, providing boards with independent insights and valuable intelligence.