Commingled Trust Fund

What Does Commingled Trust Fund Mean?

A commingled trust fund is a trust fund that contains assets from multiple sources, such as retirement plans, trusts, and insurance policies. In a commingled trust fund, these assets are managed by a single entity with a specific investment goal. Commingled trust funds eliminate the challenge of managing different assets individually.

Insuranceopedia Explains Commingled Trust Fund

Commingled trust funds are attractive to many money managers because they save time and have lower fees. When a money manager only needs to handle one account instead of ten when making investments, the process becomes much more efficient. However, commingled trust funds are still trusts and, as such, are governed by the same rules, although the specific terms are determined by the individual trust.