What Does Common Trust Fund Mean?

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What does Common Trust Fund mean? Read on to discover the definition & meaning of the term Common Trust Fund - to help you better understand the language used in insurance policies.

Common Trust Fund

Common Trust Fund

A common trust fund is a gathering of assets managed by one entity for investment purposes. The fiduciary is often a financial institution such as the trust department of a bank.

We hope the you have a better understanding of the meaning of Common Trust Fund.

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