<br />
oklahoma pathfinder<br />
PATHFINDER NEWSLETTER<br />
Collective investment trusts and mutual funds:<br />
Understanding the difference<br />
As you review the investments available to you through Pathfinder, you<br />
may have noticed that some investment options are known as collective<br />
investment trusts (CITs).You may also have questions about how CITs<br />
are different from other investment options such as mutual funds<br />
(which are also available through the Plan). Here is a quick look at the<br />
similarities and differences.<br />
Mutual funds<br />
A mutual fund is a type of investment that pools the money of multiple<br />
investors to invest in a portfolio of stocks, bonds and/or other assets.<br />
Mutual funds are regulated by the Securities and Exchange Commission<br />
(SEC) and have investment managers who decide which assets to invest<br />
in based on the fund’s investment objectives (which are spelled out in the<br />
fund’s prospec<a title="OK_Pathfinder_4Q17 page 1" href="http://viewer.zmags.com/publication/6a5ac1a8?page=1"> oklahoma pathfinder PATHFINDER NEWSLETTER </a>
<a title="OK_Pathfinder_4Q17 page 2" href="http://viewer.zmags.com/publication/6a5ac1a8?page=2"> FINDING YOUR WAY with PATHFINDER The power </a>
<a title="OK_Pathfinder_4Q17 page 3" href="http://viewer.zmags.com/publication/6a5ac1a8?page=3"> Making the most of your run-up to retirement If </a>
<a title="OK_Pathfinder_4Q17 page 4" href="http://viewer.zmags.com/publication/6a5ac1a8?page=4"> The new Pathfinder website: An enhanced experience</a>