WILMINGTON TRUST COLLECTIVE INVESTMENT TRUST MY RETIREMENT PATH FUNDS ...

WILMINGTON TRUST COLLECTIVE INVESTMENT TRUST MY RETIREMENT PATH FUNDS

SUB-ADVISED BY FLEXPATH STRATEGIES, LLC FINANCIAL STATEMENTS DECEMBER 31, 2020

WITH

INDEPENDENT AUDITOR'S REPORT

Wilmington Trust Collective Investment Trust My Retirement Path Funds

Sub-Advised by flexPATH Strategies, LLC

CONTENTS

Independent Auditor's Report..................................................................................................................................................................... 1 Fund Index ................................................................................................................................................................................................. 3 My Retirement Path Index Aggressive Retirement Fund ........................................................................................................................... 4 My Retirement Path Index Aggressive 2025 Fund ..................................................................................................................................... 9 My Retirement Path Index Aggressive 2035 Fund ................................................................................................................................... 14 My Retirement Path Index Aggressive 2045 Fund ................................................................................................................................... 19 My Retirement Path Index Aggressive 2055 Fund ................................................................................................................................... 24 My Retirement Path Index Moderate Retirement Fund ............................................................................................................................ 29 My Retirement Path Index Moderate 2025 Fund...................................................................................................................................... 34 My Retirement Path Index Moderate 2035 Fund...................................................................................................................................... 39 My Retirement Path Index Moderate 2045 Fund...................................................................................................................................... 44 My Retirement Path Index Moderate 2055 Fund...................................................................................................................................... 49 My Retirement Path Index Conservative Retirement Fund ...................................................................................................................... 54 My Retirement Path Index Conservative 2025 Fund................................................................................................................................ 59 My Retirement Path Index Conservative 2035 Fund................................................................................................................................ 64 My Retirement Path Index Conservative 2045 Fund................................................................................................................................ 69 My Retirement Path Index Conservative 2055 Fund................................................................................................................................ 74 My Retirement Path Aggressive Retirement Fund ................................................................................................................................... 79 My Retirement Path Aggressive 2025 Fund............................................................................................................................................. 84 My Retirement Path Aggressive 2035 Fund............................................................................................................................................. 89 My Retirement Path Aggressive 2045 Fund............................................................................................................................................. 94 My Retirement Path Aggressive 2055 Fund............................................................................................................................................. 99 My Retirement Path Moderate Retirement Fund.................................................................................................................................... 104

Wilmington Trust Collective Investment Trust My Retirement Path Funds

Sub-Advised by flexPATH Strategies, LLC

CONTENTS (continued)

My Retirement Path Moderate 2025 Fund ............................................................................................................................................. 109 My Retirement Path Moderate 2035 Fund ............................................................................................................................................. 114 My Retirement Path Moderate 2045 Fund ............................................................................................................................................. 119 My Retirement Path Moderate 2055 Fund ............................................................................................................................................. 124 My Retirement Path Conservative Retirement Fund .............................................................................................................................. 129 My Retirement Path Conservative 2025 Fund........................................................................................................................................ 134 My Retirement Path Conservative 2035 Fund........................................................................................................................................ 139 My Retirement Path Conservative 2045 Fund........................................................................................................................................ 144 My Retirement Path Conservative 2055 Fund........................................................................................................................................ 149 Notes to the Financial Statements.......................................................................................................................................................... 154

INDEPENDENT AUDITOR'S REPORT

Wilmington Trust, N.A., Trustee for Wilmington Trust Collective Investment Trust

Report on the Financial Statements

We have audited the accompanying financial statements of the My Retirement Path Funds sub-advised by flexPATH Strategies, LLC of Wilmington Trust Collective Investment Trust (the "Trust"), comprising the Funds (the "Funds") included on the Fund Index on page 3, which comprise the statements of assets and liabilities, including the schedules of investments, as of December 31, 2020, the related statements of operations and changes in net assets, the financial highlights for the year then ended, or for the period then ended for inception dates in 2020, and the related notes to the financial statements. These financial statements and financial highlights are hereinafter collectively referred to as financial statements.

Management's Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor's Responsibility

Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of each of the Funds as of December 31, 2020, the results of its operations, changes in its net assets and its financial highlights for the year then ended, or for the period then ended for inception dates in 2020, in accordance with accounting principles generally accepted in the United States of America.



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Other Matter Our audits were conducted for the purpose of forming an opinion on the financial statements of each Fund as a whole. The supplementary information for the year ended December 31, 2020, or for the period then ended for inception dates in 2020, following the schedule of investments, is presented for purposes of additional analysis and is not a required part of the financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. The information has been subjected to the auditing procedures applied in the audits of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the financial statements as a whole.

Tulsa, Oklahoma April 30, 2021

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