The Resurgence Of Collective Investment Trusts

Law360, New York (June 15, 2010, 5:36 PM EDT) -- Bank collective investment trusts (“collective trusts”), a first cousin of the mutual fund, have been around for more than 70 years. Offered to both defined benefit and defined contribution plans, collective trusts today are vying to compete with mutual funds and other pooled investment vehicles as a mainstream product in the retirement plan marketplace.

Since the 1990s, mutual funds have overshadowed collective trusts as funding vehicles in the defined contribution plan marketplace for a number of reasons, including perceived advantages offered by mutual funds in the...
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