In an effort to provide our Fiduciary Service clients access to economies of scale, improved manager fee pricing, and a broadly diversified portfolio structure, MCG has created Equity and Fixed Income Group Trusts. MCG launched the Equity Group Trust (EGT) in November 2009. Currently, the EGT has nearly $900 million in assets and contains over 15 distinct investment products. The Fixed Income Group Trust (FIGT) was launched in August 2010, and has assets in excess of $750 million invested in nine investment products.
Fiduciary Service clients can realize significant diversification benefits and investment manager fee savings by investing in the MCG Group Trusts. Exposure in the EGT ranges across large-, mid- and small-capitalization equities, international developed and emerging market equities, value and growth equities, and indexed equities. In the FIGT, plans gain exposure to core plus products, high yield, multi-sector, global bonds, and treasury inflation protected fixed income securities managed by specialists.
MCG does not receive any investment management related fees for creating or operating the Group Trusts.
