AST Trust Co., a division of New York-based American Stock Transfer and Trust Co., has started 10 collective exchange-traded funds for retirement plan sponsors, the company said Tuesday.
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AST's offerings are large-cap, mid-cap, small-cap, emerging markets, international, equity, and short-term and investment-grade bond portfolios.
The collective funds are available for trading through FundServ, the mutual fund clearing platform of the National Securities Clearing Corp. The funds will initially be available through retirement platforms and bundled plan providers, AST said.
