Question

Target-date retirement funds are not

Multiple Choice

a. inappropriate for most investors or very high in fees.

b. designed to function much like hedge funds.

c. inappropriate for most investors.

d. very high in fees.

e. All of the options are correct.

Answer 1

ANSWER DOWN BELOW. FEEL FREE TO ASK ANY DOUBTS. THUMBS UP PLEASE.

Explaination:

Target date retirement funds are simple age-based funds. In which the portfolio composition changes to more conservative in nature as the target date of retirement approaches.

At starting it is more equity, less debt.

At last, it is less equity, more debt.

It has a nominal fee (not very high).

It is most appropriate for most Investors.

It functions like Mutual funds and not a hedge fund.

Answer: e. All of the options are correct.