Target Date Asset Allocation
Target Date:
Fact Sheet Provided By Fund Company – Stadion Investments Target Date Collective Trust
Definition of ‘Target-Date Fund’
A mutual fund in the hybrid category that automatically resets the asset mix (stocks, bonds, cash equivalents) in its portfolio according to a selected time frame that is appropriate for a particular investor. A target-date fund is similar to a life-cycle fund except that a target-date fund is structured to address some date in the future, such as retirement.