Explain the objective of targetdate mutual funds. What are they designed to accomplish? How do they achieve
Question:
Explain the objective of target‐date mutual funds. What are they designed to accomplish? How do they achieve this?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
The objective of targetdate mutual funds is primarily to provide a longterm investment strategy based on an individuals planned retirement date These ...View the full answer
Answered By
Abigael martinez
I have been a tutor for over 3 years and have had the opportunity to work with students of all ages and backgrounds. I have a strong belief that all students have the ability to learn and succeed if given the right tools and support. I am patient and adaptable, and I take the time to get to know each student's individual learning style in order to best support their needs. I am confident in my ability to help students improve their grades and reach their academic goals.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Financial Markets Banking And Monetary Policy
ISBN: 9781118872239
1st Edition
Authors: Thomas D. Simpson
Question Posted:
Students also viewed these Business questions
-
Research various global financial services organizations (for example, UBS AG, E-Trade, Schwab, ING, Bank of America, HSBC, RBS) through their company websites and other publicly available...
-
Please help with the discusin questions ! I give thumbs up Case #1: Hailing a New Era: Haier in Japan As one of the most valuable brands in China, Haier designs,manufactures, and sells various home...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Products are 1. Lip gloss or lipstick with SPF 2. Custom facial sheets you can make online or in store pickup and have it send to your home based on your needs 3. A foundation sunscreen Price Provide...
-
A physics major is working to pay his college tuition by performing in a traveling carnival. He rides a motorcycle inside a hollow transparent plastic sphere. After gaining sufficient speed, he...
-
What leverage does the meeting planner have to secure this and future business with the bureau? LO.1
-
E14.3. Two-Stage Growth Valuation (Easy) An analyst develops the following pro forms at the end of 2009 for a firm that uses a 9 per- cent burdle rate for its operations (in millions); 2009A 2010E...
-
Ralphs Bow Works (RBW) is planning to add a new line of bow ties that will require the acquisition of a new knitting and tying machine. The machine will cost $1,000,000. It is classified as a 7-year...
-
a. Briefly discuss the concept of persuasiveness as it relates to the development of modern internal audit programs. b. Distinguish between management fraud and misappropriation of assets. c. Outline...
-
An analysis of the transactions made by J. L. Kang & Co., a certified public accounting firm, for the month of August is shown below. Each increase and decrease in stockholders' equity is explained....
-
How do shares in ETFs differ from those in openend funds?
-
Go to the Fidelity Fund website (www.fidelity.com). Name three index mutual funds that they offer; three muni bond funds; and three international equity funds. Can you identify a fund of funds?
-
A digital logic element represents the high state with an output of between 2.8 and 2.95 V. The same logic element will see an input high state as a voltage in the range of 2.1 to 3.0 V. What is the...
-
3. Given the continuous beam shown below, which span or spans should be loaded with a uniform distributed load to produce a maximum moment at support B? (5 points) SPAN 1 SPAN 2 SPAN 3 A B D 20 ft...
-
Complete the following writing assignment: Analyze the attached 10_pages. Write_about them, summarize what you read, and connect it to personal experiences. CHAPTER 8 Anxiety Disorders DAVID P....
-
As a manager of an airline company you want to learn the average weight of luggages checked in on a flight. From a sample of 1 6 luggages, you find the average to be 2 6 kg and the standard deviation...
-
What is the Manufacturing Cycle Efficiency? 11. Use High-Low to find the fixed and variable costs. Machine Month Costs Hours 12345678 $1,730,890 15,820 $1,753,860 13,980 $1,562,890 11,550 4...
-
Jimmy Padilla purchased a gravel pit in the current year for $944,232 and estimates that there will be a residual value in the land of $36,404 once resource extraction is complete. He estimates that...
-
Refrigerant-134a enters a compressor as a saturated vapor at 160 kPa at a rate of 0.03 m3/s and leaves at 800 kPa. The power input to the compressor is 10 kW. If the surroundings at 20C experience an...
-
If a and b are positive numbers, find the maximum value of f ( x ) = x a (9 x ) b on the interval 0 x 9.
-
Duration analysis is an alternative to gap analysis for measuring interest-rate risk. The duration of an asset or liability measures how sensitive its market value is to a change in the interest...
-
Suppose a bank faces a gap of -20 between its interest-sensitive assets and its interest-sensitive liabilities. What would happen to bank profits if interest rates were to fall by 1 percentage point?...
-
For many years you have been using your local, small-town bank. One day you hear that the bank is about to be purchased by Bank of America. From your vantage point as a retail bank customer, what are...
-
Break-Even Sales and Sales to Realize Income from Operations For the current year ending October 31, Yentling Company expects fixed costs of $537,600, a unit variable cost of $50, and a unit selling...
-
You buy a stock for $35 per share. One year later you receive a dividend of $3.50 per share and sell the stock for $30 per share. What is your total rate of return on this investment? What is your...
-
Filippucci Company used a budgeted indirect-cost rate for its manufacturing operations, the amount allocated ($200,000) is different from the actual amount incurred ($225,000). Ending balances in the...
Study smarter with the SolutionInn App