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COLLECTIVE INVESTMENT TRUST CAPABILITIES GEARED FOR A GROWING DC MARKET
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COLLECTIVE INVESTMENT TRUST CAPABILITIES GEARED FOR A GROWING DC MARKET
Wilmington Trust, N.A. Collective Investment Funds (the “Funds”) are trust company-sponsored collective portfolios; they are not mutual funds. The Funds and units therein are exempt from registration under the Securities Act of 1933, as amended, and the Investment Company Act of 1940. Participation in the Funds is limited primarily to ERISA-qualified defined contribution plans and certain state or local government plans. Investors should consider the investment policy, objectives, risks, charges and expenses of any pooled investment company carefully before investing. Investments in the Funds are not insured by the FDIC or any other government agency, are not deposits of or other obligations of or guaranteed by Wilmington Trust, or any other bank or entity, and are subject to risks, including possible loss of the principal amount invested.
Securities offered through Franklin Templeton Financial Services Corp.
The information in this material has been obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. Opinions, estimates and projections constitute the judgment of Wilmington Trust and are subject to change without notice. This material is for educational purposes only and is not intended as an offer, recommendation or solicitation for the sale of any financial product or service or as a determination that any investment strategy is suitable for a specific investor. There is no assurance that any investment strategy will be successful. Diversification does not ensure a profit or guarantee against a loss. Past performance is no guarantee of future results.
Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation. Wilmington Trust Company, operating in Delaware only, Wilmington Trust, N.A., M&T Bank and certain other affiliates, provide various fiduciary and non-fiduciary services, including trustee, custodial, agency, investment management and other services. Wilmington Trust, N.A. serves as the Trustee of the Funds.
Third party trademarks and brands are the property of their respective owners.
This communication is general in nature and provided for educational and informational purposes only. It should not be considered or relied upon as legal, tax or investment advice or an investment recommendation, or as a substitute for legal or tax counsel. Any investment products or services named herein are for illustrative purposes only, and should not be considered an offer to buy or sell, or an investment recommendation for, any specific security, strategy or investment product or service. Always consult a qualified professional for personalized advice or investment recommendations tailored to your specific goals, individual situation, and risk tolerance.
Franklin Templeton Investments (FTI) does not provide legal or tax advice. Federal and state laws and regulations are complex and subject to change, which can materially impact results. FTI cannot guarantee that such information is accurate, complete or timely; and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information.
All financial decisions and investments involve risks, including possible loss of principal.
As defined in each Fund’s Declaration of Trust, the Funds are available for investment by (i) retirement plan trusts that qualify for exemption from federal income tax pursuant to Section 401(a) and 501(a) of the Internal Revenue Code, or are maintained by a governmental employer under Section 414(d) of the Internal Revenue Code, (ii) deferred compensation plans maintained by state or local governmental units under Section 457(b) of the Internal Revenue Code, or (iii) group trusts which consist solely of the assets of these types of plans. The decision to invest in a Fund should be carefully considered. The unit values for the Funds will fluctuate, and investors may lose money.
To request the offering documents of a fund, please contact your Franklin Templeton Retirement Sales Department at (800) 530-2432. The offering documents include information regarding investment objectives, risks, expenses and other information that you should read and consider carefully before investing.
Investments: Are NOT FDIC-Insured | Have NO Bank Guarantee | May Lose Value
©2018 Wilmington Trust Corporation and its affiliates. All rights reserved.3378 10/2018 CIT BCAP 10/18
FOR ADDITIONAL INFORMATION, PLEASE CONTACT A FRANKLIN TEMPLETON DC SPECIALIST AT 800.530.2432.
MIRRORED CITS
Utilize an existing mutual fund and name.
WHITE LABELED CITS Leverage an existing mutual fund and allow
the product name to be customized for a client.
CUSTOM CITS Designed to address
the unique needs of a plan with a tailored strategy. Like
White Labeled CITs, the name is often customized for a client.
THE COMBINATION OF FRANKLIN TEMPLETON INVESTMENTS & WILMINGTON TRUST, N.A. Wilmington Trust, N.A. was selected by Franklin Templeton Investments to provide administration, transfer agent, and custody services to its collective investment funds1. Wilmington Trust’s administrative support enables Franklin Templeton to focus on its strategic asset management and retirement priorities. The Wilmington Trust and Franklin Templeton Investments relationship continues to grow as Wilmington Trust launches new funds2 that are based upon Franklin Templeton investment strategies that have strong demand amongst retirement advisors and plan sponsors.
FRANKLIN TEMPLETON INVESTMENTS A Trusted Defined Contribution Partner—By the NumbersFor over seven decades, institutions and individuals around the world have viewed Franklin Templeton Investments as a trusted partner in asset management. We offer a number of investment strategies and plan insights that plan sponsors may be able to use in tailoring their plan to the needs of their participants.
DC and retirement investments at a glance3
,
Source: Franklin Templeton Investments 3 As of 6/30/18.
WILMINGTON TRUST, N.A. Collective Investment Trust Program —By the Numbers
For many retirement plan sponsors, the decision of which investment vehicles to select for their participants is one of their most important–and most arduous. Wilmington Trust, N.A.’s comprehensive Collective Investment Trust Program is flexible and positions us as a strategic business partner to retirement advisors.
FRANKLIN TEMPLETON INVESTMENTS (STRATEGIST)
WILMINGTON TRUST, N.A. (TRUSTEE OF NEW FUNDS)
Client Relationships X
Portfolio Management X
Administrative Support X
Platform Relationships X
ROLES & RESPONSIBILITIES How We Work Together
COLLECTIVE INVESTMENT TRUSTS (CITs) OVERVIEWCITs in general are tax-exempt, pooled investment vehicles sponsored and maintained by a bank or trust company that also serves as the trustee. CITs combine assets from eligible investors into a single investment portfolio (or “fund”) with a specific investment strategy. By commingling, or pooling assets, sponsors of CITs may take advantage of economies of scale to offer lower overall expenses.
INDUSTRY LEADER Leader in the CIT market with over $30 billion in assets under administration as of June 30, 2018.
GROWING INVESTMENT VEHICLETrustee administration, transfer agent, and custody services for over 200 collective investment funds.
BREADTH AND DEPTH OF RESOURCESWe continue to invest in people and resources. Our program includes over 40 professionals who support CIT’s on a full-time basis.
EXPERIENCED PROVIDER 13 years since program inception
in 2005.
WORLD CLASS SUB-ADVISORS Partnering with over 50 sub-
advisors and growing.
TRADING PLATFORM AVAILABILITY
Available on more than 35 trading platforms.
20+
$200B+1
30+
584
276
183
125$720B+1
20+
$200B+1
30+
584
276
183
125$720B+1
DC INVESTMENT EXPERIENCEWe have served DC investment management needs across all plan sizes and segments for over 20 years.
BROAD RANGE OF DC INVESTMENT OPTIONSOver $200 billion in DC and retirement assets across a broad range of asset classes, vehicles, structures, and pricing models.
GLOBAL LEADERFranklin Templeton is a global leader with $724.1 billion in assets under management serving millions of clients.
COMMITTED PARTNERMore than 30 DC recordkeeping relationships with dedicated client sales and service support.
20+
$200B+3
30+
584
276
183
125$720B+3
1Fiduciary Trust International of the South serves as trustee of the existing Franklin Templeton Collective Investment funds. 2Wilmington Trust, N.A. serves as trustee of new Wilmington Trust funds.
MIRRORED CITS
Utilize an existing mutual fund and name.
WHITE LABELED CITS Leverage an existing mutual fund and allow
the product name to be customized for a client.
CUSTOM CITS Designed to address
the unique needs of a plan with a tailored strategy. Like
White Labeled CITs, the name is often customized for a client.
THE COMBINATION OF FRANKLIN TEMPLETON INVESTMENTS & WILMINGTON TRUST, N.A. Wilmington Trust, N.A. was selected by Franklin Templeton Investments to provide administration, transfer agent, and custody services to its collective investment funds1. Wilmington Trust’s administrative support enables Franklin Templeton to focus on its strategic asset management and retirement priorities. The Wilmington Trust and Franklin Templeton Investments relationship continues to grow as Wilmington Trust launches new funds2 that are based upon Franklin Templeton investment strategies that have strong demand amongst retirement advisors and plan sponsors.
FRANKLIN TEMPLETON INVESTMENTS A Trusted Defined Contribution Partner—By the NumbersFor over seven decades, institutions and individuals around the world have viewed Franklin Templeton Investments as a trusted partner in asset management. We offer a number of investment strategies and plan insights that plan sponsors may be able to use in tailoring their plan to the needs of their participants.
DC and retirement investments at a glance3
,
Source: Franklin Templeton Investments 3 As of 6/30/18.
WILMINGTON TRUST, N.A. Collective Investment Trust Program —By the Numbers
For many retirement plan sponsors, the decision of which investment vehicles to select for their participants is one of their most important–and most arduous. Wilmington Trust, N.A.’s comprehensive Collective Investment Trust Program is flexible and positions us as a strategic business partner to retirement advisors.
FRANKLIN TEMPLETON INVESTMENTS (STRATEGIST)
WILMINGTON TRUST, N.A. (TRUSTEE OF NEW FUNDS)
Client Relationships X
Portfolio Management X
Administrative Support X
Platform Relationships X
ROLES & RESPONSIBILITIES How We Work Together
COLLECTIVE INVESTMENT TRUSTS (CITs) OVERVIEWCITs in general are tax-exempt, pooled investment vehicles sponsored and maintained by a bank or trust company that also serves as the trustee. CITs combine assets from eligible investors into a single investment portfolio (or “fund”) with a specific investment strategy. By commingling, or pooling assets, sponsors of CITs may take advantage of economies of scale to offer lower overall expenses.
INDUSTRY LEADER Leader in the CIT market with over $30 billion in assets under administration as of June 30, 2018.
GROWING INVESTMENT VEHICLETrustee administration, transfer agent, and custody services for over 200 collective investment funds.
BREADTH AND DEPTH OF RESOURCESWe continue to invest in people and resources. Our program includes over 40 professionals who support CIT’s on a full-time basis.
EXPERIENCED PROVIDER 13 years since program inception
in 2005.
WORLD CLASS SUB-ADVISORS Partnering with over 50 sub-
advisors and growing.
TRADING PLATFORM AVAILABILITY
Available on more than 35 trading platforms.
20+
$200B+1
30+
584
276
183
125$720B+1
20+
$200B+1
30+
584
276
183
125$720B+1
DC INVESTMENT EXPERIENCEWe have served DC investment management needs across all plan sizes and segments for over 20 years.
BROAD RANGE OF DC INVESTMENT OPTIONSOver $200 billion in DC and retirement assets across a broad range of asset classes, vehicles, structures, and pricing models.
GLOBAL LEADERFranklin Templeton is a global leader with $724.1 billion in assets under management serving millions of clients.
COMMITTED PARTNERMore than 30 DC recordkeeping relationships with dedicated client sales and service support.
20+
$200B+3
30+
584
276
183
125$720B+3
1Fiduciary Trust International of the South serves as trustee of the existing Franklin Templeton Collective Investment funds. 2Wilmington Trust, N.A. serves as trustee of new Wilmington Trust funds.
COLLECTIVE INVESTMENT TRUST CAPABILITIES GEARED FOR A GROWING DC MARKET
Wilmington Trust, N.A. Collective Investment Funds (the “Funds”) are trust company-sponsored collective portfolios; they are not mutual funds. The Funds and units therein are exempt from registration under the Securities Act of 1933, as amended, and the Investment Company Act of 1940. Participation in the Funds is limited primarily to ERISA-qualified defined contribution plans and certain state or local government plans. Investors should consider the investment policy, objectives, risks, charges and expenses of any pooled investment company carefully before investing. Investments in the Funds are not insured by the FDIC or any other government agency, are not deposits of or other obligations of or guaranteed by Wilmington Trust, or any other bank or entity, and are subject to risks, including possible loss of the principal amount invested.
Securities offered through Franklin Templeton Financial Services Corp.
The information in this material has been obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. Opinions, estimates and projections constitute the judgment of Wilmington Trust and are subject to change without notice. This material is for educational purposes only and is not intended as an offer, recommendation or solicitation for the sale of any financial product or service or as a determination that any investment strategy is suitable for a specific investor. There is no assurance that any investment strategy will be successful. Diversification does not ensure a profit or guarantee against a loss. Past performance is no guarantee of future results.
Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation. Wilmington Trust Company, operating in Delaware only, Wilmington Trust, N.A., M&T Bank and certain other affiliates, provide various fiduciary and non-fiduciary services, including trustee, custodial, agency, investment management and other services. Wilmington Trust, N.A. serves as the Trustee of the Funds.
Third party trademarks and brands are the property of their respective owners.
This communication is general in nature and provided for educational and informational purposes only. It should not be considered or relied upon as legal, tax or investment advice or an investment recommendation, or as a substitute for legal or tax counsel. Any investment products or services named herein are for illustrative purposes only, and should not be considered an offer to buy or sell, or an investment recommendation for, any specific security, strategy or investment product or service. Always consult a qualified professional for personalized advice or investment recommendations tailored to your specific goals, individual situation, and risk tolerance.
Franklin Templeton Investments (FTI) does not provide legal or tax advice. Federal and state laws and regulations are complex and subject to change, which can materially impact results. FTI cannot guarantee that such information is accurate, complete or timely; and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information.
All financial decisions and investments involve risks, including possible loss of principal.
As defined in each Fund’s Declaration of Trust, the Funds are available for investment by (i) retirement plan trusts that qualify for exemption from federal income tax pursuant to Section 401(a) and 501(a) of the Internal Revenue Code, or are maintained by a governmental employer under Section 414(d) of the Internal Revenue Code, (ii) deferred compensation plans maintained by state or local governmental units under Section 457(b) of the Internal Revenue Code, or (iii) group trusts which consist solely of the assets of these types of plans. The decision to invest in a Fund should be carefully considered. The unit values for the Funds will fluctuate, and investors may lose money.
To request the offering documents of a fund, please contact your Franklin Templeton Retirement Sales Department at (800) 530-2432. The offering documents include information regarding investment objectives, risks, expenses and other information that you should read and consider carefully before investing.
Investments: Are NOT FDIC-Insured | Have NO Bank Guarantee | May Lose Value
©2018 Wilmington Trust Corporation and its affiliates. All rights reserved.3378 10/2018 CIT BCAP 10/18
FOR ADDITIONAL INFORMATION, PLEASE CONTACT A FRANKLIN TEMPLETON DC SPECIALIST AT 800.530.2432.
