Alexis is just out of college and wants to save aggressively for a house. She is willing and able to take on a moderate amount of risk and has a time line of 10 years to save a down payment. Which of these funds might she be most likely to consider?

Question

Quizplus · Accepted Answer

A target date hybrid fund is designed to adjust its asset allocation over time, becoming more conservative as the target date approaches, which aligns with Alexis's 10-year timeline and moderate risk tolerance.

Alexis Is Just Out of College and Wants to Save