Asked by
Vansak Leang
on Dec 08, 2024Verified
Target-date retirement funds are not
A) inappropriate for most investors.
B) very high in fees.
C) designed to function much like hedge funds.
D) inappropriate for most investors or very high in fees.
E) All of the options are correct.
Target-date
Refers typically to a type of mutual fund or retirement fund that automatically shifts towards more conservative investments as the target date (often retirement) approaches.
Retirement Funds
Investment funds specifically set aside for the goal of providing income during retirement, typically involving a mix of stocks, bonds, and other assets.
Hedge Funds
Investment funds that employ various strategies to earn active return, or alpha, for their investors, often requiring a high minimum investment.
- Comprehend the principles behind target-date retirement funds and their suitability for investors.
Verified Answer
ML
Learning Objectives
- Comprehend the principles behind target-date retirement funds and their suitability for investors.