Test your CIT knowledge

Do you know the key features of collective investment trusts? Take our quiz and find out.

Warrick_headhsotI regularly talk with retirement plan sponsors who are considering collective investment trusts (CITs), along with mutual funds and other investment vehicles, as part of their investment menus. I find that their knowledge is growing about CITs (pooled investment funds designed exclusively for qualified retirement plans), but they still have many questions about how CITs work.

To help you gauge your knowledge about CITs (also known as collective trust funds, or CTFs), I developed this short quiz. There are no prizes — other than the CIT knowledge you need when developing your lineup of investment options for your plan participants. Answers are at the end.

Continue