Description

This fund's primary objective is to deliver significant overall returns, with a strategic shift over time. As it nears and then passes its target retirement date, its focus will increasingly pivot towards generating current income and preserving capital, while still aiming for some growth. It is specifically tailored for individuals planning to retire around 2045 and intending to draw upon this investment throughout their post-career years. To achieve its goals, the fund diversifies its investments across various asset classes, including stocks (equity), bonds (debt), and short-term holdings (cash/cash equivalents). This is primarily accomplished by investing in other mutual funds and exchange-traded funds (ETFs) offered by the same investment group. However, in certain limited circumstances, it may also incorporate passive ETFs managed by external, unaffiliated advisors, or make direct investments in individual securities and other financial instruments.