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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
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Initially invests in conservative securities, then changes to invest in more risk-oriented securities as time goes by.
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Has principal protection as its main objective.
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Assists investors with planning for retirement by a specific date.
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None of these is an example of a lifecycle fund.
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Invests in shares of other mutual funds in order to increase diversification and asset allocation.
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