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.
Collective Investment Trusts (CITs) are gaining traction and eligible investors are combining these assets into a single investment portfolio, or fund. These tax-exempt, pooled investment vehicles are typically sponsored and maintained by a bank or trust company acting as trustee. Often, they are used to pursue a set of stated investment objectives and strategies.In recent years, CITs have seen tremendous growth and are becoming a bigger part of the retirement puzzle.
It is difficult to address the project finance sector without touching upon the real and anticipated effects of the COVID-19 pandemic.Tax equity providers may be in short supply, as those entities need to have considerable tax appetite to monetize tax credits.One interesting outcome is that the world has gotten a feel for what greenhouse gas emissions could look like in a world where the public at large is not commuting to work or traveling.