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Investing November 10, 2004
Master Trusts Show Positive Gains in Q3
November 10, 2004 (PLANSPONSOR.com) - The median
master trust showed slightly positive gains in the third
quarter, with larger trusts performing better than their
smaller counterparts.
Reported by Kip McDaniel
The median master trust’s performance figures showed a 0.29% increase from July to September. The year-to-date figures are slightly more encouraging, with the median master trust up 3.26% since January. The totals since last October are even stronger, with the media master trust up 12.50% since then.
For trusts with more than $1 billion, the figures are more encouraging. In the third quarter, such funds were up 0.5%, while over the whole year they are up 3.67%. For the year since last October, master trusts worth over $1 billion are up 13.05%.
These figures come from the Trust Universe Comparison Service (TUCS), a cooperative of Wilshire Analytics and custodial associations. TUCS has 350 plan participants representing almost $2 trillion in assets.