The document discusses the implications of ERISA (Employee Retirement Income Security Act) on investments in the Access Fund, particularly focusing on the classification of the fund's assets and the responsibilities of fiduciaries. It highlights that if the Access Fund's assets are considered 'plan assets' under ERISA, certain fiduciary standards and liabilities would apply. The document also addresses reporting requirements for ERISA Plan investors on Form 5500 and advises governmental pension plans to consult legal counsel before investing. It emphasizes the need for fiduciaries to seek legal advice regarding ERISA and related legal issues.
documents/EFTA01390793.pdf
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