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An example of a lifecycle fund is a fund that Initially invests in conservative securities, then changes to invest in more risk-oriented securities as time

An example of a lifecycle fund is a fund that

  • Initially invests in conservative securities, then changes to invest in more risk-oriented securities as time goes by.

  • Has principal protection as its main objective.

  • Assists investors with planning for retirement by a specific date.

  • None of these is an example of a lifecycle fund.

  • Invests in shares of other mutual funds in order to increase diversification and asset allocation.

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