Over the last year, Wilmington Trust, in partnership with the Nasdaq Fund Network, has launched the first tickers for Collective Investment Trust (CITs).Leading the movement in transparency around CITs, teams representing Wilmington Trust and Nasdaq listened to client and industry feedback and shifted the perception around transparency. Today, we have over 350 tickers now listed on the Nasdaq Fund Networks.
The COVID-19 pandemic has taken a tremendous economic toll on businesses and individuals, forcing people to evaluate critical issues, including how well their retirement plan can weather this storm. Though a busy and challenging time, this is an opportune moment for plan advisers to ensure that their plan sponsors and participants have access to low-cost, flexible investment vehicles.Collective investment trusts (CITs) can help address industry-wide fee pressures.
Collective investment trusts (CITs) continue to gain momentum in defined contribution plans. What are the driving forces behind their popularity? We invited industry experts to share their thoughts on collective investment trusts, or CITs, as a cost-effective and competitive investment option for DC plan lineups.