Collective Investment Trusts

Our firm’s focused, team-based audit approach and experience — specifically with rules and compliance related to the Employee Retirement Income Security Act of 1974 (ERISA) — offers expertise and insight to the niche area of Collective Investment Trusts (CITs). Even though these pooled investment vehicles do not have SEC regulatory and reporting burdens, CITs have their own unique set of complex reporting requirements and often are limited with respect to who can invest in them. Additionally, many CITs are funded by employee benefit plans, rendering CITs subject to ERISA regulatory requirements.
We work with CITs ranging from newly seeded funds with $100,000 in net assets to those with substantial asset levels and include highly respected and recognizable names in the industry. Our hands-on approach to these funds combined with our technical depth surrounding audit and accounting issues affecting the investment industry allow for an efficient and service-oriented approach that cannot be matched by our competitors.

Client Profiles

Our representative client types include a variety of operating structures, fund types and investment compositions:

  • Trusts with multiple funds
  • Multi-class funds
  • Newly established funds
  • Experience with various trust companies and fund service providers nationwide
  • Other operating structures and fund types, including fund-of-funds
  • Portfolio compositions, asset classes and complex investments:
  • International, global equities, and emerging markets funds
  • Real estate funds
  • Large, mid, small and micro-cap equity funds
  • Long-short funds
  • Fixed income funds:
  • Muni, corporate, asset-backed, mortgage-backed, high-yield and illiquid bonds
  • Derivatives, including futures, options, commodity-linked securities and swaps
  • Pass-through investments such as partnerships, QPTPs and REITs
  • Collective Investment Trust Services
  • Comprehensive audit services
  • Form 5500 preparation and filing