common trust fund

Definition of "common trust fund"
  1. It's a trust fund set up by a bank's trust department, combining the assets of numerous small trusts to achieve better diversification in investment
How to use "common trust fund" in a sentence
  1. The bank's trust department transferred their smaller trusts into a common trust fund to increase their investment diversification.
  2. The financial advisor recommended setting up a common trust fund to maximize the benefits from diverse investment opportunities.
  3. To mitigate the investment risks, all the small trusts were merged into a single common trust fund.

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