Target-date retirement funds
A)are funds of funds diversified across stocks and bonds
B)are inappropriate for most investors
C)have very high fees
D)function much like hedge funds
E)all of the above

Question

Quizplus · Accepted Answer

Target-date retirement funds are a type of fund of funds that are diversified across stocks and bonds, with the specific allocation changing based on the investor's retirement year. They are designed to be a simple investment option for individuals preparing for retirement. It is not appropriate to say that they are inappropriate for most investors or that they have very high fees. They also do not function like hedge funds, which often employ complex investment strategies and have high fees.

Target-Date Retirement Funds