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Collective trust fund. Collective trust funds or Collective Investment Trusts (CITs) are a legal trust administered by a bank or trust company that combines assets for multiple investors who meet specific requirements set forth in the fund’s declaration of trust. [1] Typically, a collective trust pools assets from corporate and governmental ...
This fund holds an equal weighting in the Nasdaq-100 stocks rather than the typical weighting that is heavily skewed to the largest tech stocks. Annual returns (5 years): 13.8 percent Expense ...
The National Partnership for Reinventing Government (NPR) was a U.S. government reform initiative launched in 1993 by Vice President Al Gore. Its goal was to make the federal government "work better, cost less, and get results Americans care about". [1] The initiative aimed to streamline processes, cut bureaucracy, and implement innovative ...
CIT Group (CIT), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring , cash management , treasury management , mortgage loans , Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses ...
Manning & Napier Adds New Class with Zero Revenue Share to Pro-Mix® CIT Fund Family New unit class offers greater transparency for plan sponsors and participants FAIRPORT, N.Y.--(BUSINESS WIRE ...
The Danish Growth Fund is an independent fund governed by an independent legal act and an independent board of directors. The act concerning The Danish Growth Fund stipulates that the fund must promote growth and renewal for small and medium-sized enterprises in order to achieve a greater socio-economic return. The fund contributes to the ...
The Minot Area Growth through Investment and Cooperation Fund, or MAGIC Fund, is a growth fund financed through a one percent sales tax in the city of Minot, North Dakota. The fund was approved by voters on May 1, 1990, and the money is used for economic development , capital improvements and property tax relief.
Art Fund (formerly the National Art Collections Fund) is an independent membership-based British charity, which raises funds to aid the acquisition of artworks for the nation. It gives grants and acts as a channel for many gifts and bequests, as well as lobbying on behalf of museums and galleries and their users.