Target Date Funds
Target Date Funds - also called Target Retirement Funds - provide a diversified portfolio of stocks and bonds, or fixed income investments. A professional money manager selects and manages the right mix of investments based on the target retirement date and adjusts the portfolio over time. With a single fund selection, you have a diversified portfolio that invests based on your anticipated retirement date.
Learn how Target Retirement Funds can make planning and investing for retirement a little easier.
- Target Retirement Funds Asset Allocation
- Target Retirement Funds interactive lesson
- Target Retirement Funds short, 2 ½ minute video
Generally speaking, Target Date funds target a certain date range for retirement, or the date the investor plans to start withdrawing money. Investors can select the fund that corresponds to their target date. They are designed to rebalance to a more conservative approach as the date nears. An investment in the Target Date fund is not guaranteed at any time, including on or after the target date.