Target Date funds Flashcards
1
Q
Overview
A
Client selects funds that reflects their expected retirement date. I.e 2050 fund
The fund will tailor the assets. Fund manager makes all investment decisions.
Asset allocation shifts over time as client moves towards retirement - the glide path
Client need to make sure funding is correct. Not the find selection
Active fund management through life of fund
2
Q
Stages
A
Foundation
Growth
Con
