What does Commingled Trust Fund mean? Read on to discover the definition & meaning of the term Commingled Trust Fund - to help you better understand the language used in insurance policies.
Commingled Trust Fund
A commingled trust fund is a trust fund that contains assets from multiple different sources, such as retirement plans, trusts, and insurance policies. With a commingled trust fund, these assets are managed by the same entity, with a specific investment goal in mind. Commingled trust funds elminates the challenge of managing different assets individually.
We hope the you have a better understanding of the meaning of Commingled Trust Fund.