This survey is designed to collect basic information on the compensation of independent trustees of mutual funds.  Results will be analyzed and reported, giving as much detail as possible on compensation levels and practices without compromising the confidentiality of participants.

Topics covered by the Survey:
• Compensation components: Easy to understand base and
bonus ranges
• Bonus amounts: Setting the basis for CCO bonuses
• Capital accumulation: Alternatives to restricted stock and
options
• Organizational dynamics for CCOs: Direct and indirect reports
• Metrics: AUM & number of funds
• Reporting scope: Report only to funds or to funds and advisor
• Who pays? Percent of compensation paid by funds vs. advisor
• CCO characteristics: Backgrounds and qualifications
• Cumulative data since 2005

Latest questionnaire for the MPI CCO Compensation Survey.

Brochure regarding the 16th Annual MPI Survey of Mutual Fund Trustee Compensation and Governance Practices.
Available April 1, 2009.

Brochure regarding MPI's Annual Survey of Mutual Fund Profitability.

Questionnaire (Excel) for the MPI Annual Survey of Mutual Fund Directors' Compensation and Best Governance Practices.

Questionnaire for the 2009 MPI Survey of Mutual Fund CCO Compensation and Organizational Practices. 

Setting director compensation is a major decision that boards must make. It is one
of the few tasks that cannot be delegated to others. Make certain that your board is being compensated fairly. Pay enough to attract qualified, competent individuals, but not so much that it would attract unfavorable publicity.