Glide path refers to a formula that defines theasset allocationmix of a target-date fund, based on the number of years to the target date. The glide path creates an asset allocation that typically becomes more conservative (i.e., includes more fixed-income assets and fewer equities) as a ...
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The target date may be a useful starting point in selecting afund, but should not be your only criteria. Consider the fund’s asset allocation over its entire lifespan, as well as the fund’s risk level, performance, and fees. You can find all of this information in the fund’sprospect...
The meaning of FUND is a sum of money or other resources whose principal or interest is set apart for a specific objective. How to use fund in a sentence.
target fund A specialized self-liquidating mutual fund that invests in bonds maturing around a specific date. After the last maturity, the fund distributes its assets to the owners and ceases business. The limited life of the fund makes it much like a unit trust except that the portfolio is...
Examples ofTarget Fundsin a sentence Such distribution and liquidation will be accomplished, with respect to each class of the Target Fund's shares, by the transfer of the Acquiring Fund shares of the corresponding class then credited to the account of the Target Fund on the books of the Acqu...
Funding Target has the meaning set forth in section 430(d) of the Internal Revenue Code.][Describe any failure of the certifications in clauses (i) and (ii) to be true.] [(c) If all of the Plans (other than a multiemployer Plan) were terminated (disregarding any Plans with surpluses...
TIAA Target-Date Funds Target-date fundsare labeled “lifecycle” funds by TIAA and allow you to invest inmutual funds. You pick a retirement date, and the fund automatically adjusts its mix of high-risk and low-risk investments over time, with the latter increasing as you come closer to ...
Asset allocation funds, which invest in a mixture of stocks and bonds. Target-date funds, which are asset allocation funds that change their allocation as the fund approaches its "target date" – typically the date an investor wishes to retire. Money market funds, which invest in liquid, cash...
Britannica Dictionary definition of TARGET [count] 1 :something that you are trying to do or achieve We failed to meet/reach this month's salestargets. [=goals] Ourtarget amountfor the fund-raiser is $2,500. They set atarget dateof May 31. ...