Leverage the lower fees of CITs to reduce overall plan costs and enhance savings for participants.
Lower costs* and flexible pricing make CITs potentially ideal for DC plans
CITs are rapidly gaining popularity as the retirement industry places an increasing emphasis on pricing efficiency and the flexible design options these investment vehicles offer.
At Franklin Templeton, we provide CITs that aim to deliver cost-effective and adaptable solutions, carefully managed to enhance and diversify your retirement plan offerings.
*Compared to mutual funds.
Boost cost efficiency
Tailor investment strategies
Customize CITs to align precisely with your plan’s unique objectives, ensuring potentially greater flexibility and targeted outcomes.
Strengthen fiduciary oversight
Seek to enhance participant protection with CITs, managed under strict fiduciary standards for responsible investments.
Our product offerings
We offer a full suite of CITs across a variety of investment strategies and asset classes.
- Trusteed by Putnam Fiduciary Trust Company
- Trusteed by Great Gray Trust Company
Trusteed by Putnam Fiduciary Trust Company
Trusteed by Great Gray Trust Company
| Product Name | Factsheets |
|---|---|
| BrandywineGLOBAL - Diversified US Large Cap Value Fund - CIT | |
| BrandywineGLOBAL - Dynamic US Large Cap Value Fund - CIT | |
| BrandywineGLOBAL – US Fixed Income - CIT | |
| ClearBridge Dividend Strategy - CIT | |
| ClearBridge International Growth All Country ex US - CIT | |
| ClearBridge International Growth - CIT | |
| ClearBridge Large Cap Growth - CIT | |
| ClearBridge Mid Cap - CIT | |
| ClearBridge Small Cap Growth - CIT | |
| Franklin DynaTech Great Gray - CIT | |
| Franklin Growth Great Gray - CIT | |
| Franklin International Growth - CIT | |
| Franklin Small Cap Growth - CIT | |
| Franklin Small Cap Value Great Gray - CIT | |
| Franklin Small Mid Growth Great Gray - CIT | |
| Putnam Large Cap Value II - CIT | |
| Putnam Large Cap Growth - CIT | |
| Putnam Small Cap Growth - CIT | |
| Royce Opportunity - CIT | |
| Royce Total Return - CIT | |
| Templeton Foreign Great Gray - CIT | |
| Templeton International Emerging Markets - CIT | |
| Western Asset Core Bond - CIT | |
| Western Asset Core Plus Bond - CIT |
Frequently Asked Questions (FAQs)
What are CITs?
CITs, or Collective Investment Trusts, are tax-exempt, pooled investment vehicles managed by banks or trust companies. They are specifically designed for qualified retirement plans, offering a cost-effective and flexible solution to enhance investment options for plan sponsor clients.
Why do CITs have a cost advantage over mutual funds?
CITs typically have a cost advantage because they are subject to different registration requirements compared to mutual funds, often making them the most affordable way for qualified plans to access certain investment strategies.
Is CIT pricing standardized for all clients?
No, CIT pricing is not standardized. CITs offer flexible pricing options, which may or may not include revenue sharing. Additionally, some CITs provide "relationship pricing" at a firm’s home-office level.
What kind of transparency do CITs offer?
CITs are priced by recordkeepers at the same time of day as mutual funds. Moreover, many trust companies have partnered with the Nasdaq Fund Network (NFN) to register their CITs with searchable ticker symbols. NFN provides performance data on over 650 CITs, reaching millions of investors daily through various information platforms, online services, and personal finance apps.
How has performance and tracking of CITs evolved?
CITs are now widely available through reporting systems such as Morningstar, Fi360, and BrightScope, ensuring enhanced performance tracking and accessibility.
Contact us
Discover how Franklin Templeton's CITs can benefit your investment strategy. Whether you're a plan sponsor, advisor, or consultant, explore the diverse investment solutions we provide through our CIT offerings.