Lifestyle Fund(redirected from Life-Style Funds)
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.