Transcription of IMPLEMENTING TOTAL RETURN TRUSTS - …
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IMPLEMENTING TOTAL RETURN TRUSTS - …
IMPLEMENTING TOTAL RETURN TRUSTSPAUL S. LEE, , Copyright 2003 by Paul S. Director, Wealth Management Group, Bernstein Investment Research & Management, based in New York,New York. I would like to sincerely thank the following individuals whose assistance, research and hard workon this project cannot be overstated: Patrick S. Boyle, CFA, CFP, Analyst in the Wealth Management Group,Alice C. Davenport, , Senior Legal Analyst in the Wealth Management Group, Daniel J. Loewy, Director ofResearch in the Wealth Management Group, Robert A. Weiss, CFA, Director in the Wealth ManagementGroup, and Brian Wodar, Director of Investment Planning in the Wealth Management IS A TOTAL RETURN trust ?
2 synopsis i. introduction ii. what is a fitotal return trustfl? iii. investment strategy: the uniform prudent investor act iv. distribution policy: the revised uniform principal and
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