Kitchen updates such as tile flooring, refacing old cabinets and updating appliances to energy-efficient models will see a substantial return--approximately 84.5 percent in the San Francisco area, for instance, according to Remodeling magazine's Cost vs. Value Report for 2009â2010.
What is a 'Collective Investment Fund'. A collective investment fund (CIF), also known as a collective investment trust, is operated by a bank or trust company and handles a group of pooled trust accounts. Collective investment funds groups assets from individuals and organizations to develop a larger, diversified portfolio.
An offshore trust is simply a conventional trust that is formed under the laws of an offshore jurisdiction.owever, offshore trusts have other uses too: 1  Offshore trusts are also sometimes formed as unit trusts to operate as a mutual fund. 2  Offshore trusts are often used as part of an orphan structure in capital markets or trade finance transactions.