Examples of Common trust fund in a sentence
Common trust fund - The common trust fund is a stable value fund valued at the NAV of units of a bank collective trust that is comprised primarily of fully benefit-responsive investment contracts.
Common trust fund divi- dends or interest included in lines 1 or 2 must be entered here.
The bank or trust company shall send a copy of the latest report of such audit annually to each person to whom a regular periodic accounting of the trusts participating in the common trust fund ordinarily would be rendered, or shall send advice to each such person annually that the report is available and that a copy will be furnished without charge upon request.D. Common trust fund court proceedings.
Common trust fund - The fair value of the investments in the common trust fund is determined by the fund trustee based on the fair value of the underlying securities within the fund, which represent the net asset value of the shares held by the Plan at year end.
Common trust fund legislation is addressed to a problem appropriate for state action.