Join Early Retirement Today
Thread Tools Search this Thread Display Modes
'Collective trusts' are unfamiliar, opaque—and worth a second look
Old 03-19-2013, 07:22 AM   #1
Full time employment: Posting here.
SumDay's Avatar
Join Date: Aug 2012
Posts: 866
'Collective trusts' are unfamiliar, opaque—and worth a second look

Why 'Collective Trusts' Are Worth Considering -

A collective investment trust is created or administered by a bank or trust company. Like a mutual fund, it assembles assets from a number of sources. For instance, the Manning & Napier Pro-Mix Extended Term CIT, a target-risk trust for investors with a time horizon of seven to 20 years, had 57.3% of its $8.8 billion in assets under management in stocks, 40% in bonds and 2.7% in cash at the end of the third quarter.
Never heard of these! Learn something new every single day....

SumDay is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 03-19-2013, 08:20 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Posts: 13,843
Originally Posted by SumDay View Post
Why 'Collective Trusts' Are Worth Considering -

Never heard of these! Learn something new every single day....

IIRC, you can only invest in them if you have a trust at that bank.... I guess I will read the story to find out...

OK, read the article and they were talking about in a retirement plan... but that means it has to be sponsored in that plan... Fidelity and Vanguard probably are not going to be adding in CITs...

How I remember them is that if you set up a trust at a bank... usually your trust did not have enough money to invest in individual stocks... so the bank had a common trust that you would invest and you would then get the diversification you needed... these were used long before mutual funds exploded in popularity...

I would bet that buying ETFs are cheaper than CITs... and also easier to follow....
Texas Proud is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT -6. The time now is 04:18 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.