A collective investment trust (CIT) is a versatile, cost-effective alternative to mutual funds—designed for both defined-contribution (DC) and defined-benefit (DB) plans. CITs offer participants cost-efficient and transparent investment options. CITs are tax-exempt, pooled investment vehicles maintained by a bank or a trust company that acts as a fiduciary.
AB’s CIT lineup is structured to deliver research-driven strategies combined with institutional pricing, streamlined operations and fiduciary-friendly oversight.
Investor allocates $5 million from a corporate 401(k) plan to an AB CIT target-date series.
AllianceBernstein is a global investment manager with a singular focus on delivering superior outcomes for clients through active management and differentiated research. Through innovation, technology, and deep client partnerships, AB provides flexible solutions and actionable insights to help investors navigate complex markets confidently.
AB’s CITs offer institutional pricing and operational efficiency for qualified retirement plans. Our CITs are actively managed and designed so that their structure aligns with desired participant outcomes.
The Trust is a Collective Trust formed by the Trustee. The Trust is not a mutual fund and Units of the Collective Trust are not deposits of AllianceBernstein Trust Company, LLC or AllianceBernstein Investments. The Units are securities which have not been registered under the 1933 Act and exempted from investment company registration under the Investment Act of 1940. Therefore, Participating Plans and their Participants will not be entitled to the protections under these Acts. AllianceBernstein L.P. is the Trust Advisor and provides investment management services. AllianceBernstein Trust Company, LLC is the Trust’s Trustee and provides customized securities processing services. Effective April 2, 2007, AllianceBernstein Trust Company, LLC was appointed successor trustee to the Trusts. The Trust serves as a pooled investment vehicle for (i) pension and profit-sharing trusts of employers that are qualified under section 401(a) of the Internal Revenue Code of 1986, and (ii) governmental plans described in Code Section 414(d) (the “Eligible Plans”). An Eligible Plan becomes a participating plan and unitholder of the Trust (a “Participating Plan”) upon the execution and acceptance of an adoption agreement in the form prescribed by the Trustee (the “Adoption Agreement”) and delivery of assets to the Trustee. AllianceBernstein Trust Company (“ABTC” or the “Trustee”) formed the Series Trust pursuant to a Declaration of Trust dated Month, Day Year (as may be amended from time to time, the “Declaration”) and is the Trustee of the Series Trust. AllianceBernstein L.P. serves as the investment advisor “AllianceBernstein” or the “Investment Advisor”) to the Trust. Decisions as to which securities will be bought or sold for the Trust will be made by the Trustee, although the Trustee intends to rely on the investment recommendations of AllianceBernstein as a general manner. The Units are securities which have not been registered under the 1933 Act, or the securities laws of any state and are being offered and sold in reliance on an exemption from the registration requirements of such act and such laws. The Units have not been approved or disapproved by the Securities and Exchange Commission, any state securities commission or other regulatory authority, nor have any of the foregoing authorities passed upon or endorsed the merits of this offering or the accuracy or adequacy of this document. Any representation to the contrary is unlawful. Neither the Series Trust nor the Trust will be registered as an investment company under the Investment Act of 1940, as amended (the “1940 Act”), pursuant to the exemption from the registration requirement of the 1940 Act contained in section 3(c)(11); therefore, the protections available to investors under these acts are not available. Management of the Trust, however, is generally subject to the fiduciary duty and prohibited transaction rules under the Employee Retirement Income Securities Act of 1974 (“ERISA”). Commingled funds are not required to file a prospectus or registration statement with the SEC and, accordingly, neither is available. Mercer Investment Management, Inc. (MIM) provides sub-advisory services to the AB Multi-Manager Retirement Trusts. MIM is a federally registered investment adviser under the Investment Advisers Act of 1940, as amended, providing nondiscretionary and discretionary investment advice to its clients on an individual basis. Registration as an investment adviser does not imply a certain level of skill or training. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser.
There can be no assurance that any investment vehicle or strategy will achieve its investment objectives. The value of an investment can go down as well as up and investors may not get back the full amount they invested. Capital is at risk.