Last year, the sales team at Schwab Investment Management fielded more sponsor inquiries on collective investment trust target-date funds than in any year since the inception of the firm's product line in 2002.
The pooled assets in CITs resemble TDF mutual funds in structure—assets are allocated according to a target-date, glide path, and investment strategy—but of course they typically come with price advantages.
Clearly those advantages are driving the market for target-date trust products.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.