The Independent Directors Council has just released a task force report on how mutual fund boards might best approach self-evaluation, an annual checkup that will become mandatory next year, and while the 28-page document stops short of issuing any rigid mandates, it clearly urges directors to play a more active role in fund management.

Specifically, the report, which is available at, offers recommendations to boards of directors that may be conducting a self-evaluation for the first time and for those boards that might be re-examining their existing evaluation process.

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