Image via Wikipedia Employees are given a mutual fund look-alike as part of their 401(K) investment plans. This is the collective trust fund. It might confuse employees to believe it is a mutual fund. But it in reality it is not. Collective investment trusts (CITs) are capable of giving more income on profit for investors. Before venturing to invest in CITs, it is important to note down the differences between it and a mutual fund. Mutual funds are made of multiple sources. Many investors constitute a mutual fund. Mutual funds are looked after by money managers. Many managers can be … [Read more...]