a. What is meant by a target-date fund? b. What is the motivation for the creation of
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a. What is meant by a target-date fund?
b. What is the motivation for the creation of such a fund?
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a A targetdate fund is a type of mutual fund or exchangetraded fund ETF designed to automatically adjust its asset allocation over time with the goal ...View the full answer
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Related Book For
Foundations Of Financial Markets And Institutions
ISBN: 9780136135319
4th Edition
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
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