Item 5 – Fees and Compensation
In addition to the information provided in Item 4 – Advisory Business, this section provides additional details
regarding our firm’s services along with descriptions of each service’s fees and compensation arrangements. It
should be noted that lower fees for comparable service may be available from other sources. The exact fees and
other terms will be outlined in the agreement between you and FIDUCIARY INVESTMENT TRUSTS, LLC.
Fiduciary Investment Trusts, LLC: Form ADV Part 2A Disclosure Brochure Page 10
Collective Investment Funds Services
FIDUCIARY INVESTMENT TRUSTS, LLC offers investment advisory services by serving as a sub‐advisor to the FIT
MultiManager Retirement Funds. The FIT MultiManager Retirement Funds are organized as collective investment
trusts. Wilmington Trust, National Association (“WTNA”) serves as the FIT MultiManager Retirement Funds’ trustee
and administrator, hires and fires the investment adviser of the FIT MultiManager Retirement Funds and selects the
qualified custodian. WTNA has established accounts for the FIT MultiManager Retirement Funds at its bank, which
serves as the qualified custodian.
The Firm’s standard annual fee for such services will generally range from 5 to 72 basis points, depending on the FIT
CIF offering and share class. Such terms will be subject to agreement(s) between FIDUCIARY INVESTMENT TRUSTS,
LLC and the collective investment fund sponsor(s).
FIDUCIARY INVESTMENT TRUSTS, LLC’s current annual Sub‐Advisor Fee for the FIT MultiManager Retirement Funds
is generally based on the following schedule.
Class E: 0.10%; General Share Class Minimum: $250,000,000
Class F: 0.30%; General Share Class Minimum: $50,000,000
Class G: 0.40%; General Share Class Minimum: no minimum
Class I: 0.20%; General Share Class Minimum: $100,000,000
A retirement plan’s investment in a FIT CIF, including FIT MultiManager Retirement Funds, is subject to a
participation agreement between the retirement plan sponsor and the FIT CIF sponsor, not FIDUCIARY INVESTMENT
TRUSTS, LLC. The Firm’s annual fees for various FIT CIFs may differ if the investment guidelines and scope of service(s)
for the various FIT CIFs and/or related share classes also differ. The FIT CIF and/or share class utilized may vary among
investors due to differing investor needs, circumstances, objectives, services, and other factors that are deemed at
the time to be relevant.
The procurement of a particular FIT CIF share class is subject to negotiation. FIDUCIARY INVESTMENT TRUSTS, LLC
may request the procurement of a share class not corresponding to a plan's total assets, following its consideration
of various factors, including but not limited to: (1) number of participants and/or locations; (2) current and/or
projected cash/asset inflow and outflow for the plan, including deferral rate(s), withdrawal rate(s), and aggregate
participant loan balance(s); (3) current and/or projected average participant account balance statistics for the plan;
(4) current and/or projected participant FIT CIF utilization, which may include consideration of whether other similar
investment option(s) are currently or expected to be made available to the plan and whether the plan sponsor or
other responsible plan fiduciary selects one of the FIT CIF managed by FIDUCIARY INVESTMENT TRUSTS, LLC to be
Fiduciary Investment Trusts, LLC: Form ADV Part 2A Disclosure Brochure Page 11
used as the plan's qualified default investment alternative, among other factors; (5) expenses expected to be
incurred in connection with non‐fiduciary education and enrollment services provided to plan participants relating
specifically to FIT CIFs; and (6) other general business factors, considerations, and opportunities that are deemed at
the time to be relevant.
The following are “real world” examples of circumstances in which the Firm may request the procurement of a share
class not corresponding to a plan's total assets. No guarantee expressed or implied that a retirement plan will receive
a share class on such basis. Again, the procurement of a particular share class is subject to negotiation and
investment in a particular share class is subject to a participation agreement between the retirement plan sponsor
and the FIT CIF sponsor, not FIDUCIARY INVESTMENT TRUSTS, LLC.
The Firm may request the procurement of a lower‐cost share class if it expects a plan will achieve the
applicable target asset level or tier within twelve (12) to eighteen (18) months.
The Firm may request the procurement of a lower‐cost share class if the retirement plan sponsor or other
responsible plan fiduciary selects one of the FIT CIFs managed by FIDUCIARY INVESTMENT TRUSTS, LLC to
be used as the plan's qualified default investment alternative.
The Firm may request the procurement of a lower‐cost share class if the retirement plan sponsor desires
basic on‐line delivery of FIT CIF‐specific non‐fiduciary education or enrollment services.
The Firm may request the procurement of a lower‐cost, or higher‐cost, share class if the estimated time
and cost associated with providing Fund‐specific in‐person non‐fiduciary education or enrollment services
are excepted to differ from what is generally associated with a retirement plan consisting of less than one
hundred (100) plan participants working in no more than three (3) locations (all locations within 75 miles
of the servicing FIDUCIARY INVESTMENT TRUSTS, LLC office location). The requested number of such
meetings or sessions may also be considered.
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