_____ funds contain both stocks and bonds, with the proportions changing automatically as the investor ages.
A)Alternative strategy
B)Automatic allocation
C)Target date
D)Age-in-place

Question

Quizplus · Accepted Answer

Target date funds are designed to automatically adjust the asset allocation between stocks and bonds as the investor gets closer to a specified retirement date, making the investment more conservative over time.

_____ Funds Contain Both Stocks and Bonds, with the Proportions