Lifestyle Fund

(redirected from Life Style Fund)

Lifestyle Fund

A portfolio strategy that targets persons according to age group. That is, a lifestyle fund may invest in low risk, low return securities if the prospective investor is approaching retirement and simply wants a steady income. On the other hand, a lifestyle fund may invest in precisely the opposite securities if the potential holder is young and looking to make a good deal very quickly. A lifestyle fund has the advantage of a great deal of flexibility depending on the investment goals of most persons in each age group.
Mentioned in ?
References in periodicals archive ?
ICMA-RC is the investment adviser to the Vantagepoint Mutual Funds, an $12 billion complex of 19 funds, including actively managed, passive, income preservation and life style funds.