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The Unitizing Advantage

Unitized services allow plan participants the ability to perform same day exchanges across investment options when the asset being unitized cannot normally be settled in the same time frame as a mutual fund. The value of unitization becomes clear when you consider what occurs when mutual fund trades settle on a T+1 basis and common stock settles on a T+3 basis. Recordkeepers must go through a time consuming process of pending one trade to wait on another trade's settlement. Reconciliation becomes a significant process and participant communications can become confusing.