Target Date Fund

A Target Date Fund is a Collective Investment Scheme designed to provide a simple investment solution through a portfolio whose asset allocation mix becomes more conservative as the target date (usually retirement) approaches.

• See: Collective Investment Scheme, Mutual Fund, Asset Allocation, Annuity.

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References

2014

• (Wikipedia, 2014) ⇒ http://en.wikipedia.org/wiki/target_date_fund Retrieved:2014-7-13.
  • A target date fund (TDF) – also known as a lifecycle, dynamic-risk or age-based fund – is a collective investment scheme, often a mutual fund or a collective trust fund, designed to provide a simple investment solution through a portfolio whose asset allocation mix becomes more conservative as the target date (usually retirement) approaches.

2013

• http://www.investopedia.com/terms/t/target-date_fund.asp
  • QUOTE: A mutual fund in the hybrid category that automatically resets the asset mix of stocks, bonds and cash equivalents in its portfolio according to a selected time frame that is appropriate for a particular investor. A target-date fund is similar to a life-cycle fund except that a target-date fund is structured to address some date in the future, such as retirement. Its returns are not guaranteed, but depend on how the market performs.

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