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John wants to invest in a mutual fund that changes the fund asset allocation to gradually become more conservative over time and matches the approximate

John wants to invest in a mutual fund that changes the fund asset allocation to gradually become more conservative over time and matches the approximate asset allocation for someone with John's planned retirement date. Which fund is best for John?

A. Target date mutual fund

B. Actively managed mutual fund

C. Bond mutual fund

D. Balanced mutual fund

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