For an investor with little time or desire to follow the markets,a life cycle fund would be an appropriate choice for their retirement savings.

Question

Quizplus · Accepted Answer

A life cycle fund, also known as a target-date fund, is designed to automatically adjust the mix of investments as the target retirement date approaches. This makes it a convenient and potentially effective option for investors who want to save for retirement without the need to actively manage their investments.

For an Investor with Little Time or Desire to Follow