Description

SSGA FM manages the Target Retirement 2065 Fund using a proprietary asset allocation strategy. The fund is a "fund of funds" that invests in a combination of mutual funds and ETFs sponsored by the Adviser or its affiliates ("underlying funds"). It is intended for investors expecting to retire around the year 2065 and who are likely to stop making new investments in the fund at that time. Rewritten Description: Managed by SSGA FM, the Target Retirement 2065 Fund employs an exclusive, in-house asset allocation strategy. This investment operates as a "fund of funds," channeling its capital into a mix of underlying mutual funds and exchange-traded funds (ETFs) sponsored by the Adviser or its associated companies. It caters to investors who foresee their retirement occurring around 2065 and are likely to halt additional investments into the fund at that juncture.