One more reason to use a series trust

Advisers contemplating a mutual fund launch should consider using an existing series trust instead of building a standalone trust.  The savings in time and capital can be substantial. In a series trust environment, shared expenses for officers, counsel, trustees, insurance and compliance reduce start-up costs as well as ongoing operating expenses. 

 

Stephen A. Little, Chair of the Unified Series Trust, offers a tip to increase the likelihood of growth outside their own customer base. "Use the cost savings to fund distribution and marketing strategies that can generate demand and brand awareness at launch and beyond."

 

** Unified Series Trust is one the Trusts operated by Huntington Asset Services, a client.