Target-date retirement funds
A)change their asset allocation as time passes
B)are a simple but useful strategy
C)function much like hedge funds
D)A and B
E)all of the above

Question

Quizplus · Accepted Answer

Target-date retirement funds change their asset allocation as time passes, and they are a simple but useful strategy. They do not function like hedge funds, so option C is inaccurate. Therefore, the correct answer is D, which includes options A and B.

Target-Date Retirement Funds