Christian Brothers Investment Services, Inc. (CBIS) was founded in 1981 by the De La Salle Christian Brothers. The Founders, embodying the vision and innovative spirit of Saint John Baptist de La Salle, the patron saint of teachers, set out to develop well-managed investment solutions that could help Catholic Church organizations not only meet their current investment needs, but future ones as well.
The Catholic United Investment Trust (“CUIT”), a lineup of ten no-load pooled investment vehicles, was established in 1983. These single-asset funds were designed to provide certain members or subsidiary organizations of the Roman Catholic Church a means for the long-term investment of assets for retirement, endowment, welfare, and similar purposes.
In 2018, CBIS launched the CUIT Magnus® Series, a lineup of four no-load pooled investment vehicles. These multi-asset funds, designed to provide Catholic institutions a turnkey fund-of-funds option, invest substantially all of their assets in CUIT’s individual no-load pooled investment vehicles.
In December 2021, the CUIT lineup of single- and multi-asset funds were restructured to be more easily available to a broader Catholic audience, amplifying the CBIS mission to deliver responsible investing strategies to Catholic investors. These restructured funds are now known as the CRI single- and CRI multi-asset funds.
Today, CBIS is responsible for the management of over $10.5 billion in assets for over 800 Catholic investors worldwide.