Master Trust

Master Trust

A trust into which a large number of investors deposit money. The investors then allow the trustee to invest the money on their behalf and keep the profits. A master trust is useful because the larger number of securities in the investors' combined funds can entitle them to discounts or other preferential treatment. An example of a master trust is a unit investment trust, which is an unmanaged portfolio the investor may buy.
References in periodicals archive ?
SEIU Master Trust supports resolutions on board declassification and executive compensation clawback; Urges withhold on incumbent director Craig Callen
Japan's largest life insurer, and including a unit of Germany's Deutsche Bank AG, has launched a joint venture, the Master Trust Bank of Japan Ltd.
Four major Japanese financial institutions said Tuesday they have taken stakes in a Deutsche Bank AG-affiliated trust bank to offer master trust services through it.
A sole audit report on the master trust with separate columns for each plan's financial information will not satisfy ERISA's audit requirements.
We have a master trust for some of our North American and European funds, and we pool assets in other countries wherever we can, a process that generally takes us six to 18 months to complete.
NEW YORK -- Fitch Ratings upgrades three class B certificates issued from the First USA Credit Card Master Trust.
the retail apparel chain specializing in women's plus-size apparel, today reported that Moody's Investors Service has confirmed the ratings of the Class A and Class B asset-backed notes issued by the Charming Shoppes Master Trust.
The rating reflects the credit quality of the collateral certificates, which is based on the quality of the receivables that make up First USA Credit Card Master Trust and Chase Credit Card Master Trust, the receivables that are added directly into Chase Issuance Trust, the required credit enhancement, the servicing expertise of Chase Bank USA, National Association, and the transaction's sound legal and financial structures.
DCR) has assigned ratings of 'AAA' (Triple-A) to the $750 million Class A credit card participation certificates and 'A+' (Single-A-Plus) rating to the $48 million Class B credit card participation certificates issued by Citibank Credit Card Master Trust I.
The rating reflects the credit quality of the collateral certificates, which is based on the quality of the receivables that make up First USA Credit Card Master Trust and Chase Credit Card Master Trust, the required credit enhancement, the servicing expertise of Chase Bank USA, National Association, and the transaction's sound legal and financial structures.
DCR) reaffirms its 'AAA' (Triple-A) ratings of the Class A Senior certificates and its 'AA' (Double-A) ratings on the Class B Subordinate certificates on the following series from the Sears Credit Account Master Trust II:
has assigned a rating to the Class A credit card participation certificates of Standard Credit Card Master Trust I, Series 1994-A.