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Collective Investment Trusts: Important Fiduciary Considerations
Manning & Napier
June 8, 2021 "CITs are often less expensive to create/maintain and may be more flexible than their mutual fund counterparts given that they are subject to a different regulatory framework. While this may be a benefit to their fee structure, it can also be challenging because CITs often suffer misconceptions when compared to mutual funds. [This article describes] the most common misconceptions and frequently asked questions by fiduciaries." |
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