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Investment Trust Funds Are One of Four Types of Fiduciary

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Investment trust funds are one of four types of fiduciary funds. What is the purpose of investment trust funds? What is the nature of the assets and liabilities that they report? Can the government that provides an investment trust fund invest its own assets in that fund?


Definitions:

Postskeptical Rationalism

A philosophical stance that advocates for the use of reason and evidence after a phase of skepticism, promoting an open-minded but critical approach to understanding.

Strict Dualism

Position 1 in Perry’s model that implies a rigid adherence to authoritarian views and a childlike division between in-group and out-group. Individuals in this stage never think to question their belief that authority embodies rightness.

Multiplicity

The quality of being numerous or having many different elements.

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