Delaware Investments to offer four new retirement funds

Delaware Investments of Philadelphia said today it will begin selling to investors four collective trust funds.

Collective trust funds are pooled investments offering diversification, professional management and investment flexibility to investors participating in qualified retirement plans.

The funds will be sold jointly with AST Capital Trust Co., which will be the trustee. The AST Collective Trusts offerings that Delaware Investments will manage include: Delaware High-Yield Fund, Delaware Large Cap Value Fund, Delaware International Equity Fund and Delaware REIT Trust.

Delaware Investments manages $164 billion in assets and is the investment arm of Lincoln Financial Group of Philadelphia.