Much Like a Mutal Fund – But Less Transparent
By Staff Reporters
Recently, we received this query from a physician-investor. So, we went right to the innovator of this financial product for the answer.
A collective trust is similar to a mutual fund that only sells to institutional investors like 401-k and 403-b plans. Because a collective trust doesn’t take on retail investors, it’s exempt from some regulatory requirements, so beware!
But, not having to deal with retail investors also makes the costs lower.
Link: http://thefinancebuff.com/collective-trust-vs-mutual-fund-whats-the-difference.html
Assessment
The BlackRock EAFE Equity Index Collective Trust invests in stocks in developed countries, tracking the MSCI EAFE index.
Conclusion
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Filed under: Alternative Investments, Financial Planning, Investing | Tagged: BlackRock, BlackRock EAFE Equity Index, Collective Trust, Financial Planning for Physicians, financial products, MSCI EAFE index, mutual fund, Mutual Funds | 2 Comments »
















