Target-date retirement funds are not
A)funds of funds diversified across stocks and bonds
B)designed to change their asset allocation as time passes
C)a simple but useful strategy
D)designed to function much like hedge funds
E)A,B,and C

Question

Quizplus · Accepted Answer

Target-date retirement funds are not designed to function like hedge funds; they are intended to provide a diversified investment strategy that automatically adjusts its asset allocation over time to become more conservative as the target date approaches.

Target-Date Retirement Funds Are Not